Losses from hail in Colorado has been tallied at $60 million, up from figures announced earlier this week. An insurance group says hail that battered Pueblo and Colorado Springs last week did almost $60 million in damage, making it the state’s costliest hail storm in three years.
The storm struck Thursday with golf ball-size hailstones.
The Rocky Mountain Insurance Information Association says insurance companies expect claims from nearly 5,200 homeowners and 11,000 car owners.
It would be the most expensive storm since June 2004, when hail caused $146.5 million in damage. In 2007 dollars, that would be 156.3 million.
The state’s most expensive storm was in July 1990, when hail did $625 million in damage. Adjusted for inflation, the total is $964 million.
Was this article valuable?
Here are more articles you may enjoy.
Forecasters Warn of ‘Potentially Catastrophic’ Storm From Texas to the Carolinas 
AIG Announces Strategic Investment Partnership of Up to $3.5B With CVC 
Travelers Q4 Net Income Up 20% on Underwriting, Lower Catastrophe Losses 
LA Fire Survivors Got a Rude Surprise That Could Hit More Americans 
