Colorado Springs Hailstorm Damage Estimated at $352.8M
The July 28 hailstorm that hit Colorado Springs was the sixth-most damaging event in Colorado history.
The Gazette reports that according to an insurance industry trade group the storm earned $352.8 million in claims for damage to homes and vehicles.
The Rocky Mountain Insurance Information Association said the storm resulted in 84,500 auto and homeowner insurance claims filed so far. That includes 51,300 auto insurance claims totaling more than $164.6 million and 33,200 property insurance claims at more than $188.2 million.
The estimated damage does not include commercial property, including at least $500,000 in damage to the Colorado Springs Airport.
The storm featured tennis ball-sized hail that damaged the Colorado Springs Airport’s runway and skylights at the terminal.
- Lawsuit Claims Meta Can See WhatsApp Chats in Breach of Privacy
- The Branches Adjusters Never See: A Better Lane Inside Claims
- Founder of Auto Parts Maker Charged With Fraud That Wiped Out Billions
- UBS Top Executives to Appear at Senate Hearing on Credit Suisse Nazi Accounts
- Adjusters Launch ‘CarFax for Insurance Claims’ to Vet Carriers’ Damage Estimates
- Severity Was up, But How Will Falling Claims Volume Impact The Profession?
- Allianz Built An AI Agent to Train Claims Professionals in Virtual Reality
- What The Return of California’s ‘Death Discount’ Means for Litigation