Hail Damage Insurance Claims up 84% Since 2010
Wondering why your homeowner's insurance premium continues to rise... This might have something to do with it.
Insurance claims resulting from hail storm damage increased 84% in 2012 from their 2010 level, according to the National Insurance Crime Bureau. In 2010, there were 467,602 hail damage claims filed. This number increased to 689,267 in 2011 and to 861,597 in 2012 - an overall increase of 84% from 2010 to 2012.
The claims activity follows the hail storm activity as posted on the National Weather Service's Storm Prediction Center. In 2010, 2011 and 2012, Texas was the state with the most hail storm events with 557, 741 and 795, respectively.