Farmers Expects More than $250M in Claims from Severe Weather in Texas

April 5, 2016

Farmers Insurance expects claims from two recent severe weather systems in the Dallas/Fort Worth area will result in more than $250 million in losses.

Intense hail and wind from the storms caused extensive damage to homes and vehicles in March.

Farmers reports more than 22,000 claims filed already and anticipates another 16,000 claims as a result of the storms.

Farmers Insurance catastrophe claims representatives, agents and other personnel began helping affected customers immediately and continue to provide assistance to those impacted by the storms.

“So far we’ve seen a large number of cars with damaged windows and other exterior surfaces and numerous homes with damaged roofs,” said Keith Daly, chief claims officer for Farmers Insurance.

Topics Texas Claims Agribusiness

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Latest Comments

  • April 11, 2016 at 10:36 am
    Rosenblatt says:
    The worst part about RC vs. ACV is the fact that most people have no idea what the difference is until it's too late (just like how some states offer collision and limited col... read more
  • April 8, 2016 at 9:39 am
    agent14 says:
    boonedoggle, I suppose if you are a captive agent, and the only home policy you can offer is ACV on the roof after so many years, then I can understand why you would question,... read more
  • April 8, 2016 at 12:46 am
    UW says:
    Good basic rundown.

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