The Cost of "Act of God" Disasters
If you have an insurance policy on your home, you've run across the phrase "Acts of God." These are typically natural disasters for which no human can be held directly responsible—think floods, lightning-spawned wildfires, tornadoes, and so on.
Every year, the United States witnesses many such disasters. But what do they cost? According to this New York Times video, the bill was about $25 billion in 2014. What's most interesting is the breakdown of which specific disasters cost the most, by region. Have a look, and behold the staggering cost of hail damage: