Texas Snowfall Means Insurance Claims

February 16th, 2010 by admin | Filed under homeowners insurance, renters insurance.

Last week’s record snowfall in North Texas – 12.5 inches in 24 hours, as measured at the Dallas/Fort Worth airport – has already resulted in insured losses of $25 million, according to information reported by the Insurance Council of Texas.

The heavy accumulation of snow in an area that rarely sees more than a few flurries caused widespread power outages, in addition to significant damage from falling trees and crashing roofs. As well, the area’s transportation system was paralyzed, and many schools and businesses were forced to close.

So far, there have been an estimated 4,200 claims filed from commercial and residential property owners, and motorists, with the average claim totaling about $6,000.

The snow began falling in the wee hours of last Thursday, February 11th, and didn’t completely taper off until almost 24 hours later. Power outages across the DFW metroplex left thousands of residents without heat or lights for several days.

Representatives of several homeowners and renters insurance companies are urging their customers to make physical inspections of their homes immediately, and call their insurers if anything seems amiss. “Inspections are free,” a State Farm ad reminds television viewers in the Dallas area.

Snow in DFW neighborhood
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One Response to “Texas Snowfall Means Insurance Claims”

  1. J Eherenthal says:

    The problem with this country is BOTH the Democrats and Republicans. Anyone who seriously thinks that one side isn’t corrupt or slaves to Corporate America hasn’t done an adequate job of paying attention. To the Republicans: The GW administration will go down in History as one of the worst administrations. They eroded your constitutional rights, expanded the power of the wealthy elite, invaded countries under false pretenses, destroyed diplomatic relations with the rest of the world, and spent money like it was going out of style. To the Democrats: Obama is a dud. He promised much and has turned out to be another corporate lackey. He made deals with big pharma to ensure you could not get your medication cheaper elsewhere, he flip flopped on military tribunals, he refuses to fix health care properly through nationalization or single payer, he populates his inner circle with more Wall Street insiders, he spends money on bailouts and useless stimulus packages.