American Family Insurance of Madison has paid out $11 million in damage claims so far as a result of the Aug. 18 tornadoes that hit central Wisconsin.
The insurer provided an update Wednesday on damage claims stemming from the fierce storms. As of Aug. 31, the company said it has paid out $11 million to Wisconsin policyholders and expects to pay out a total of $12 million to $13 million.
So far, 320 claims have been filed; 27 homes were destroyed and 40 other homes sustained “significant damage,” said spokeswoman Kelly Kick.
The vast majority of the claims came from policyholders in the Stoughton area, southeast of Madison. The company also has received claims from the Viola and Fort Atkinson areas.
American Family is the largest provider of homeowners and private passenger insurance in Wisconsin.
Topics Catastrophe Natural Disasters Carriers Claims Windstorm
Was this article valuable?
Here are more articles you may enjoy.
Plane Crashes in Texas Hill Country, Killing 5 Pickleball Players
Progressive Insurance Helps First-Time Homebuyers With Down Payments
Study Suggests Federal Action to Realize Insurance Savings
Lawyers, Traders Among 30 Charged in Global Insider Trading Case 

