George Floyd riots have cost more than $1B in insurance claims, making them costliest riots in US history

The total cost of damages from the riots sparked by the death of George Floyd surpassed the cost of the 1992 Rodney King riots, according to estimates from insurance claims throughout the United States.

The string of riots that followed Floyd’s death from May 26 to June 8 are expected to cost between $1 billion and $2 billion, according to Axios. The protests took place throughout 140 U.S. cities, with some of the demonstrations devolving into violent riots filled with vandalism, arson, and looting.

This year’s riots surpassed the destruction that took place in 1992 in Los Angeles between April 29 and May 4,
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