5 Most Expensive Hurricanes In US History: CNBC

The Most Expensive Hurricanes in US History
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The hurricane season in 2012 started off with relatively light storm damage for U.S. landfalls. But with Hurricane Sandy providing a powerful late-season punch to the entire Northeast corridor, many experts believe the storm could cause significant economic damage to the entire region.

Many of the worst storms to strike in past years have created billions in damage for those residing on the East Coast and states near the Gulf of Mexico.

What are the all-time costliest hurricanes to have ever hit the U.S.? Here are the Top 5:

5 Most Expensive Hurricanes
5. Charley (2004) — $8.755 Billion*(01 of05)
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Date of storm: Aug. 13-14, 2004 U.S. areas affected: Florida, North Carolina, South Carolina (Source: Insurance Information Institute, *Based on estimated insured losses for property coverage and adjusted to 2011 dollars.)Read more at CBNC. (credit:CNBC)
4. Wilma (2005) — $11.676 Billion*(02 of05)
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No. 4. Wilma (2005) — $11.676 Billion*Date of storm: Oct. 24, 2005 U.S. areas affected: Florida (Source: Insurance Information Institute, *Based on estimated insured losses for property coverage and adjusted to 2011 dollars.)Read more at CNBC. (credit:CNBC)
3. Ike (2008) — $13.050 Billion*(03 of05)
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Date of storm: Sept. 12-14, 2008 U.S. areas affected: Arkansas, Illiniois, Indiana, Kentucky, Louisiana, Missouri, Ohio, Pennsylvania, Texas (Source: Insurance Information Institute, *Based on estimated insured losses for property coverage and adjusted to 2011 dollars.)Read more at CNBC. (credit:CBNC)
2. Andrew (1992) — $22.939 Billion*(04 of05)
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Date of storm: Aug. 24-26, 1992 U.S. areas affected: Florida, Louisiana (Source: Insurance Information Institute, *Based on estimated insured losses for property coverage and adjusted to 2011 dollars.)Read more at CNBC. (credit:CNBC)
1. Katrina (2005) — $46.591 Billion*(05 of05)
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Date of storm: Aug. 25-30, 2005 U.S. areas affected: Alabama, Florida, Georgia, Louisiana, Mississippi, Tennessee (Source: Insurance Information Institute, *Based on estimated insured losses for property coverage and adjusted to 2011 dollars.) > See a complete Hurricane Tracking map from Weather.comRead more at CNBC. (credit:CNBC)

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