Approximately 70,000 vehicles were damaged in the June 13 hailstorm in the Dallas, Texas, area and car rental companies are feeling the pinch, according to an insurance industry trade group.
Car rental companies are reporting a shortage of cars, not only due to the high number of vehicle owners taking advantage of rental reimbursement coverage while their own vehicles are being repaired. Car rental companies also report that their fleets were damaged in the massive storm and many vehicles were put out of service, according to the Insurance Council of Texas.
Ted Maniscalco, a spokesman for Enterprise Rent A Car, said companies have called for additional rental vehicles from around the state and outside Texas to beef up their inventory.
Dallas body shops were already backed-up from the April 3 hailstorm and the recent hailstorm has compounded the problem, the ICT said. Body shops are telling vehicle owners that they may have to wait six to eight weeks before their vehicles can be repaired.
The June 13 storm has become the second costliest hailstorm in Texas history behind the May 5, 1995, storm. Insured losses from the Dallas hailstorm are expected to exceed $1 billion.
Source: Insurance Council of Texas