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Hurricane Michael Insurance Claims Continue To Grow
November 24, 2018
More than a month after Hurricane Michael barreled through parts of Northwest Florida, insurance claims have topped 125,000, according to numbers posted online by the state Office of Insurance Regulation.
As of Friday, insurers had reported 125,356 claims, with estimated insured losses of $3.43 billion. The bulk of the claims, 85,017, involved damage to residential property.
Overall, 55.3 percent of claims had been closed.
The largest number of claims was in Bay County, which had 75,412 as of Friday. Bay was followed by Jackson County, with 12,605 claims; Leon County, with 8,661 claims; Gulf County, with 7,231 claims; Gadsden County, with 5,255 claims; and Calhoun County, with 3,754 claims.
Hurricane Michael made landfall Oct. 10 as a Category 4 storm in Mexico Beach in southeastern Bay County and then continued north into Georgia.
by The News Service of Florida
Comments
2 Responses to “Hurricane Michael Insurance Claims Continue To Grow”
@ Anne 1of2
TOTALLY Agree, the insurance companies will do anything to avoid paying a claim.
Evidence is back after Hurricane Ivan hit us. A friend and young wife had purchased a townhouse type condo that was their full-time residence. The damage there was great, roof gone rain ruined everything and they couldn’t live in their home until it was repaired.
Insurance company “A” which had the policy for them became involved in lawsuits with Insurance companies “B” and “C” that represented the owners of the places on either side of them.
Sharing a common wall on both sides it became an argument between A-B-C as to whose roof failed first and were the windows intact, etc. On and on and on. It was easy to see there was NO Representation to the families who were all in great need. Focus was completely on how could the insurance companies cover their backs and investors and pay the least amount – if any – to the people who’d paid their bills faithfully thinking they would be covered by the “helpful hands” of the insurance. Long battle and friends finally won – not all but most of a settlement to move elsewhere.
Apologies for getting so windy here, am still angry and emotional over the insurance companies not wanting to help in time of need.
Best wishes to those in the counties to our east, you have a long way to go.
God Bless You ALL.
Look at the billions these insurance companies are worth. These claims aren’t even touching their petty cash funds. We pay faithfully, so should they.