The United States experiences more tornadoes than any other country in the world, according to a 2013 report by Lloyd's of London. Every year an average of 1,200 tornadoes kill up to 60 people, injure 1,500 and cause at least $400 million in economic damage. Individuals who live in areas frequently threatened by tornadoes know the value of preparation. Tornadoes occur most frequently from March until June, especially in the late afternoon. However, they can strike at any time of day during any time of the year.