Statistics on Insurers Handling Sandy Flood Claims

February 19, 2013

The 15 insurers participating in the National Flood Insurance Program that are handling at least 1,000 claims related to Sandy, the progress they have made in closing claims, and the money they have paid out to date:

Company Claims Percent Closed Total Amount Paid to Date Payout Per Claim
USAA General Indemnity 3,261 83 $147,450,639.89 $50,845.05
Allstate Insurance 16,309 94 $718,237,686.22 $45,973.10
Travelers Group, DBA: The Standard Fire Insurance 18,215 58 $601,886,870.85 $35,720.29
Fidelity National Property & Casualty Insurance 7,965 60 $264,531,680.11 $35,369.93
Liberty Mutual Fire Insurance 3,092 64 $100,653,977.15 $34,435.16
Nationwide Mutual Fire Insurance 4,543 75 $131,572,802.18 $32,479.09
NFIP Direct Servicing Agent 15,751 54 $478,784,987.19 $31,470.03
Pilgrim Insurance 1,500 74 $43,672,489.59 $31,150.14
New Jersey Re-Insurance Co. 4,683 56 $137,758,504.41 $31,138.90
American Bankers Insurance Co. of Florida 9,493 42 $253,410,482.37 $28,773.76
Harleysville Mutual Insurance 6,247 74 $151,153,089.11 $28,316.43
Fidelity National Indemnity Insurance 11,597 64 $285,869,767.86 $26,912.99
Middlesex Mutual Assurance 1,233 73 $26,561,835.18 $23,865.08
Selective Insurance Co. of America 18,599 39 $415,170,606.34 $23,682.08
Hartford Fire Insurance 10,693 56 $229,838,664.05 $23,587.71

Payout per claim column refers to the total amount distributed to date, including partial payments, divided by the number of non-dismissed claims.

Source: Federal Emergency Management Agency

Topics Carriers Claims Flood

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Latest Comments

  • September 15, 2013 at 8:15 pm
    William says:
    you don't get it - Allstate or Selective or New Jersey Re Insurance doesn't pay your claim - the federal government does - these private companies actually want to pay your cl... read more
  • May 11, 2013 at 11:45 pm
    Paul says:
    I'm an allstate customer and can attest exactly to what Stephanie has said here... They're spending more money on hiring engineers and other "hired guns" to deny my claim, tha... read more
  • March 16, 2013 at 8:03 am
    Stephanie says:
    Yep- Allstate has a whole lot of denials, or rather "partial" denials based upon engineers who were hired guns to protect Allstate. Interestingly, Allstate pays the lesser of... read more

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