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 Carriers Natural Disasters Claims Windstorm
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