Update: With Property Claims Added, North Texas Hail Damage May Reach $600M

March 23, 2016

An insurer trade group says it estimates that damage caused by hailstorms that rolled through the Fort Worth area last week will reach $600 million in auto and property claims.

Mark Hanna, a spokesman for the Insurance Council of Texas, estimates $300 million came from vehicle damage alone and that at least 50,000 vehicles were damaged.

The hail varied in size from blueberries to tennis balls, and fell in two bursts Thursday morning.

Hanna told the Fort Worth Star-Telegram that if the group’s estimates are correct, the severe weather, which damaged cars and homes from Fort Worth to Arlington, would be the 12th costliest storm in Texas.


Latest Comments

  • April 27, 2016 at 8:09 pm
    Mark says:
    Not because it's required as a minimum deductible. They're choosing to do that because they want to save money on their premiums.
  • April 27, 2016 at 8:09 pm
    Mark says:
    Yes, actually I am. And I know what I see. I see most carriers with a 1% minimum statewide, with the exception of coastal areas. Stop challenging me on these posts, I know wha... read more
  • March 24, 2016 at 2:16 pm
    Agent says:
    Dallas, many State Farm customers are now seeing 2% deductibles on their Homeowners even in less wind and hail areas.
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