The Avengers: Damage To New York Would Cost $160 Billion
To put the damage into context, the September 11th attacks cost $83 Billion, Hurricane Katrina cost $90 Billion, and the tsunami in Japan caused $122 Billion of damage.
Kinetic Analysis Corp., one of the leading disaster-cost prediction and assessment firms in the world has calculated that the damage caused in "The Avengers" film would cost $160 Billion (£99 Billion). In a report for The Hollywood Reporter, Kinetic Analysis Corp. employed computer models originally used for predicting the destruction that would be caused by a nuclear bomb and worked out the damage as follows; The physical damage of the invasion would be $60 billion-$70 billion, cleanup costs would hit $90 billion and once you factor in the loss of life, the final price tag is $160 billion. Even though most buildings only suffered superficial damage such as smashed windows at the hands of the invading Chitauri, destruction like the damage to Grand Central Station when the big fish-ship crashed is where the real cost lies. Kinetic Analysis Corp. (KAC) said;
"The extensive damage to Grand Central Terminal could prove highly disruptive, depending on the subsurface damage to the subway system. Although such damage is unlikely, as the 9/11 events showed, collapsing buildings can cause significant damage to subsurface infrastructure such as gas, communications and electrical systems. Detailed site surveys will be required to assess the state of the subterranean infrastructure."
So who would be liable for the large repair bill? According to KAC, S.H.I.E.L.D would be exonerated due to it being a government agency but they would have questions to answers in the way they handled/predicted the invasion. KAC also say that Insurance companies may try to argue that it was an ''act of god'' due to the involvement of Thor and Loki;
"Given the involvement of individuals considered deities in some cultures (Thor, Loki), there is even the potential to classify the event as an 'act of God,' though that designation would be subject to strenuous theological and legal debate."
To put the damage into context, the September 11th attacks cost $83 Billion, Hurricane Katrina cost $90 Billion, and the tsunami in Japan caused $122 Billion of damage.