What would be the worst thing to happen to your belongings while doing the laundry? Most people would say clothes shrinking and or colors running. However, there are some worse disasters that can occur during the drying stage of laundry. A particularly common laundry disaster is a dryer fire. There is an estimated 15,500 fires and over $100,000,000 per year in damages as a result of dryer fires. In many cases these fires can be prevented.