Hurricane Andrew
Though Andrew was a small tropical cyclone for most of its lifespan, it caused extreme damage, especially in the Bahamas, Florida, and Louisiana. The vast majority of the damage was as a result of extremely high winds, although a few tornadoes spawned by Andrew caused considerable damage in Louisiana. Throughout the areas affected, almost 177,000 people were left homeless. Outside of the Bahamas, Florida, and Louisiana, effects were widespread, although damage was minimal. Overall, $27.3 billion in losses and 65 fatalities were attributed to Andrew, with some estimates ranging as high as $34 billion. Andrew was the costliest hurricane in U.S. history at the time, but is now seventh following hurricanes Katrina (2005), Ike (2008), Sandy (2012), Harvey (2017), Irma (2017), and Maria (2017).
List of costliest Atlantic hurricanes
The first hurricane to cause at least $1 billion in damage was Hurricane Betsy in 1965, which caused much of its damage in southeastern Louisiana. Four years later, Hurricane Camille caused over $1 billion in damage as it ravaged Louisiana and Mississippi at landfall, and Virginia after moving inland. After the 1960s, each decade saw an increase in tropical cyclones causing at least a billion in damage over the last, due to increasing urban development and population. In the 1970s, four hurricanes caused at least a billion in damage; the costliest of which was Hurricane Agnes, which caused $2.1 billion in damage. The following decade featured seven hurricanes causing at least a billion in damage. In the 1990s, twelve tropical cyclones accrued at least a billion in damage, including Hurricane Andrew in 1992. The system greatly exceeded the damage figure of any preceding tropical cyclone, causing $27.3 billion in damage, mostly in South Florida. Nineteen tropical cyclones in the 2000s caused at least $1 billion in damage. The 2005 season had six billion-dollar hurricanes, the most of any season on record. Hurricanes Ivan in 2004 and Irma in 2017 caused at least $1 billion in damage in four separate countries. Thus far in the 2010s, twelve storms have caused at least $1 billion in damage, the most recent of which is Hurricane Michael, which accrued at least $15.1 billion in damage.