Over the last 70 years, the 2021 polar vortex caused the most overall economic losses in the United States, clocking in at about 17 billion U.S. dollars. The next costliest event was a blizzard that occurred in March of 1993.
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Costliest winter events in the United States from 1950 to 2022, by insured losses
(in million U.S. dollars)
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Insurance Information Institute. (January 30, 2023). Costliest winter events in the United States from 1950 to 2022, by insured losses (in million U.S. dollars) [Graph]. In Statista. Retrieved July 06, 2025, from https://www.statista.com/statistics/216887/overall-economic-losses-due-to-costliest-us-winters/
Insurance Information Institute. "Costliest winter events in the United States from 1950 to 2022, by insured losses (in million U.S. dollars)." Chart. January 30, 2023. Statista. Accessed July 06, 2025. https://www.statista.com/statistics/216887/overall-economic-losses-due-to-costliest-us-winters/
Insurance Information Institute. (2023). Costliest winter events in the United States from 1950 to 2022, by insured losses (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 06, 2025. https://www.statista.com/statistics/216887/overall-economic-losses-due-to-costliest-us-winters/
Insurance Information Institute. "Costliest Winter Events in The United States from 1950 to 2022, by Insured Losses (in Million U.S. Dollars)." Statista, Statista Inc., 30 Jan 2023, https://www.statista.com/statistics/216887/overall-economic-losses-due-to-costliest-us-winters/
Insurance Information Institute, Costliest winter events in the United States from 1950 to 2022, by insured losses (in million U.S. dollars) Statista, https://www.statista.com/statistics/216887/overall-economic-losses-due-to-costliest-us-winters/ (last visited July 06, 2025)
Costliest winter events in the United States from 1950 to 2022, by insured losses (in million U.S. dollars) [Graph], Insurance Information Institute, January 30, 2023. [Online]. Available: https://www.statista.com/statistics/216887/overall-economic-losses-due-to-costliest-us-winters/
