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Hurricane Andrew caused insured losses of $15 billion in 1992, which would be over $60 billion today with increases in the numbers and values of exposed properties.

But Andrew was not the proverbial "big one." The storm hit well south of Miami in the relatively small town of Homestead. If a Category 5 hurricane like Andrew were to make a more direct on Miami today, the insured losses would be over $150 billion.

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