Colorado’s May Storms Caused $109M in Insured Losses

June 3, 2014

The series of May storms in Colorado have caused an estimated $109.3 million in insured losses resulting from 28,442 auto and homeowners insurance claims filed so far. The damage estimates include 18,538 car insurance claims, adding up to more than $57,000,000 and 9,904 property insurance claims at nearly $52,000,000.

The insured losses include a week’s worth of severe weather starting Tuesday, May 20th with hail pounding the eastern plains into parts of Littleton, then as tornado sirens blared early Wednesday afternoon, funnel clouds swirled over Aurora accompanied by golf ball-sized hail and heavy rains that cut a swath from northern Colorado to the Denver Metro area and south through Colorado Springs. Several more rounds of storms rounded out the week adding to the widespread damage.

Colorado‘s Most Costly Storms

With the exception of the May 22, 2008, Windsor tornado and the hailstorm that hit Pueblo on July 29, 2009, Colorado’s ten most costly hailstorms were centered in the Denver Metro area (the largest concentration of property in the state).

*2013 estimated cost calculations based on the Consumer Price Index.

Source: The Rocky Mountain Insurance Information Association