Costliest Large-Loss Fires of 2012

Jan. 22, 2014
Commercial properties were among the hardest hit, with manufacturing facilities making up around 30% of properties damaged by such fires.

The costliest fire of 2012 was the Waldo Canyon Fire in Colorado, according to a report released by the National Fire Protection Association (NFPA). The damage caused by the fire exceeded $450 million. According to the report, the fire burned 18,247 acres and 346 structures over 18 days.

Large-loss fires are defined as an event that results in property damage of at least $10 million. Of the 18 large-loss structure fires in 2012, many were started in commercial facilities, including a vehicle parts plant, printing plant, party goods store, automobile dealership, and a food storage warehouse.

Prevent Fires in Your Facility

The NFPA encourages facility managers to follow fire codes and standards in order to avoid future large-loss fires.

Facility managers may also be interested in learning about:

Top 10 Costliest Large-Loss Fires of 2012

Incident and location Loss amount
Wildfire / Colorado $453.7 million
Submarine in dry dock / Maine $400 million
Wildfire / Colorado $113.7 million
Printing plant / Pennsylvania $75 million
Paper mill / Minnesota $50 million
Vehicle parts manufacturer / Georgia $50 million
Metal product galvanizing plant / Illinois $30.5 million
Single-family residence / Pennsylvania $25 million
Party supply store / California $25 million
Electrical transformers / Massachusetts $2 million
Total $1.245 billion

For the full report, visit the NFPA website.

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