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The 10 most expensive hurricanes in US history

Eye of the storm

The MODIS instrument that flies aboard NASA's Aqua satellite captured this image of Tropical Storm Flossie on July 28 at 23:10 UTC (7:10 p.m. EDT) as it continued moving toward Hawaii (left).
NASA Goddard MODIS Rapid Response Team

As the U.S. hurricane season enters its final two months, all eyes along the Gulf Coast are on Tropical Storm Karen as she roars toward landfall, currently expected somewhere between Louisiana and the Florida Panhandle.

Many of the worst storms to strike in past years have caused billions in damage, especially for those residing on the East Coast and in states near the Gulf of Mexico. Energy firms including BP, Chevron, Anadarko and others have evacuated staff or temporarily shut down production along the coast in preparation for the latest storm, which the National Hurricane Center has said could reach hurricane strength before coming ashore.

As companies and residents brace for Karen, CNBC asked: What are the all-time costliest hurricanes to hit the United States? Here are the Top 10, according to the Insurance Information Institute. The damage figures represent insured losses for property coverage and are adjusted to 2012 dollars.

By Brian Beers, Senior Producer

Updated 3 October 2013

No. 10. Frances (2004)—$5.478 Billion

(Source: , *Based on estimated insured losses for property coverage, and adjusted to 2009 dollars.)>
Photo: AP

Date of storm: Sept. 3-9, 2004
U.S. areas affected: Florida, Georgia, North Carolina, New York, South Carolina

No. 9. Rita (2005)—$6.493 Billion

(Source: , *Based on estimated insured losses for property coverage and adjusted to 2009 dollars.)>
Photo: AP

Date of storm: Sept. 20-26, 2004
U.S. areas affected: Alabama, Arkansas, Florida, Louisiana, Mississippi, Tennessee, Texas

No. 8. Hugo (1989)—$6.957 Billion

(Source: , *Based on estimated insured losses for property coverage and adjusted to 2009 dollars.)>
Photo: Alan Weiner / Getty Images

Date of storm: Sept. 17-22, 1989
U.S. areas affected: Georgia, North Carolina, Puerto Rico, South Carolina, Virginia, U.S. Virgin Islands

No. 7. Ivan (2005)—$8.476 Billion

(Source: , *Based on estimated insured losses for property coverage and adjusted to 2009 dollars.)>
Photo: AP

Date of storm: Sept. 15-21, 2004
U.S. areas affected: Alabama, Delaware, Florida, Georgia, Louisiana, Maryland, Mississippi, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia

No. 6. Charley (2004)—$8.912 Billion

(Source: *Based on estimated insured losses for property coverage and adjusted to 2009 dollars.)>
Photo: Getty Images

Date of storm: Aug. 13-14, 2004
U.S. areas affected: Florida, North Carolina, South Carolina

No. 5. Wilma (2005)—$11.885 Billion

(Source: , *Based on estimated insured losses for property coverage and adjusted to 2009 dollars.)>
Photo: Getty Images

Date of storm: Oct. 24, 2005
U.S. areas affected: Florida

No. 4. Ike (2008)—$13.283 Billion

(Source: , *Based on estimated insured losses for property coverage and adjusted to 2009 dollars.)>
Photo: Getty Images

Date of storm: Sept. 12-14, 2008
U.S. areas affected: Arkansas, Illiniois, Indiana, Kentucky, Louisiana, Missouri, Ohio, Pennsylvania, Texas

No. 3. Sandy (2012)—$18.750 Billion

Photo: Getty Images

Date of storm: Oct. 28-31, 2012
U.S. areas affected: Connecticut, Washington. D.C., Delaware, Massachusetts, Maryland, Maine, North Carolina, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Virginia, Vermont, West Virginia

No. 2. Andrew (1992)— $23.349 Billion*

(Source: , *Based on estimated insured losses for property coverage and adjusted to 2009 dollars.)>
Photo: AP

Date of storm: Aug. 24-26, 1992
U.S. areas affected: Florida, Louisiana

No. 1. Katrina (2005)—$47.424 Billion

(Source: , *Based on estimated insured losses for property coverage and adjusted to 2009 dollars.)> >
Photo: Michael Appleton / NY Daily News Archive via Getty Images

Date of storm: Aug. 25-30, 2005
U.S. areas affected: Alabama, Florida, Georgia, Louisiana, Mississippi, Tennessee