Insurance claims filed in the wake of the tornadoes that devastated parts of six states and claimed at least 88 lives last weekend could result in $5 billion in insurance payouts.
According to the Wall Street Journal, the potential payout number would make it one of the costliest tornado disasters ever. Aon PLC data reported that prior to that, the costliest tornado disaster to take place was a decade ago, when storms hit Tuscaloosa, Alabama and caused $8.5 billion.
Compare that to Hurricane Ida that had an even more devastating economic impact this summer, costing insurers about $40 billion, according to Fitch.
In 2017 – Hurricane Irma, the deadliest hurricane in Florida’s recent history & its costliest, made landfall along the Florida Keys & slowly crawled north, up the state of Florida, causing widespread damage and power outages Overall, there were 87 deaths and a total of $50 billion worth of damages.
Consumer Law Office (CLO) – Handling Property Insurance Damage Claims & Disputes from the Start of Damage through Settlement.
If your property was damaged during a tropical storm, hurricane, or other severe weather event and natural disaster or if you have roof damage, roof leak, pipe burst, plumbing backup, water damage, wind damage, mold, smoke-fire damage, lightning, hail, flood, theft, vandalism, or construction defects, the Property Damage Attorneys at CLO will fight on your behalf to see that YOU get the full benefits YOU are entitled to under your insurance policy.
Contact Us Today for a Free Consultation 305-940-0924.
Your insurance company has the resources to hire experts to protect their interests; your representation should be no different. At CLO, we will aggressively advocate on your behalf to get you the relief to which you are entitled. We have helped hundreds of home and business owners successfully recover the compensation they deserve. Best of all, there are no upfront fees, and we only get paid when you get paid by the insurance company. Contact us today for a free consultation: 305-940-0924
