While the monetary cost of the Shaanxi Earthquake cannot be estimated in modern monetary numbers, there was historical collateral damage to the Forest of Stone Steles, a collection of stone pillars, many of which More than 97 counties in the provinces of Shaanxi, Shanxi, Henan, Gansu, Hebei, Shandong, Hubei, Hunan, Jiangsu and Anhui were affected. The cost of the damages caused by the Shaanxi earthquake is probably impossible to measure in modern terms. Every damage cost 500 million dollars because the earthquake was so bad. Aftershocks continued for 6 months after the main earthquake. But Shaanxi Earthquake is still considered as the deadliest disaster of all time.

The earthquake caused ground fissures, uplift, subsidence, sandblows, liquefaction and landslides. In Huaxian, every single building and home was demolished, killing more than half the residents of the city, with a death toll estimated in the hundreds of thousands. Like other earthquakes, the reason for Shaanxi earthquake is also because of the movement of the tectonic plates. The 1556 Shaanxi earthquake or Jiajing earthquake was a catastrophic earthquake and is also the deadliest earthquake on record, killing approximately 830,000 people.It occurred on the morning of 23 January 1556 in Shaanxi, during the Ming Dynasty. Prior to 20th century counting casualties is often vague after large-scale disasters. On 23rd January of 1556 the deadliest earthquake happened in the China.

It was occurred before 460 years ago. However, when compared to the average cost of earthquake-related repairs, it seems well worth it.

To put it in perspective, however, China at the time was the world’s wealthiest country, and the earthquake destroyed an entire region of its core, killing 60% of that region’s population. Earthquake insurance covers a variety of expenses following an earthquake … The cost of damage done by the earthquake is almost impossible to measure in modern terms. Shaanxi Earthquake is the most catastrophic earthquake. The Shaanxi earthquake's epicenter was in the Wei River Valley in Shaanxi Province, near the cities of Huaxian, Wienan and Huayin. The Indian Tectonic Plate and Eurasian Tectonic Plate are constantly moving and at the speed of 26-36mm/year.

The earthquake was very powerful and it could be felt farthest away at 500 miles from the province. The earthquake occured in the Shaanxi region of China in 1556. of the Shaanxi earthquake was over an 8 on the Richter scale that is like 30 from GEOL 303 at University of Phoenix The death toll, however, has been traditionally given as 820,000 to 830,000. In earthquake-prone areas, the average cost of this type of insurance is around $800 per year. The overall cost of the damage from the 1906 San Francisco earthquake was estimated at the time to be around $400,000,000. It had cost half a billion dollars and thats a lot of money for a country like that to pay so much.