State Farm reported that the overall number of hail claims and cost in 2021 were lower than 2020. Total Auto and Home insurance claims were $2.5 billion in 2021, down from $3.1 billion in 2020. Auto hail claims totaled $480 million. In 2021, the average homeowner claim totaled more than $12,000, even with last year, […]
Liberty Mutual Offers Auto Insurance Customers Real-Time Hailstorm Alerts
Liberty Mutual Insurance announced a service to help keep customers and their vehicles safe when a hailstorm is coming. Using Accuweather forecast data and SMS text capabilities, the nation’s sixth-largest auto insurer alerts customers that damaging hail in their area is expected and encourages moving vehicles to a protected location. Liberty Mutual auto customers in […]
Chief Mobile Hail Damage Scanning System Prepared for Deployment During Severe Weather Season
Chief Collision Technology’s mobile 3D hail damage scanning system, Constellation, that was announced in January, is available for the 2021 hail season and gives insurance providers, collision repair shops and fleet managers a complete hail management repair solution. The system provides complete a workflow system, tracks hail-damaged vehicles throughout the entire process from first notice […]
State Farm Reports Average Auto Hail Damage Claim $4,300 in 2020
Severe weather resulted in more than 332,000 hail claims paid by State Farm in 2020. While fewer claims than 2019, the amount paid on property and auto damage increased totaling more than $3.1 billion. Total Hail Claims Paid | Home & Auto Texas $474.6M Illinois $394.2M Minnesota $259.2M Missouri $236.9M Colorado $207.9M The average homeowner […]
Chief Collision Technology Announces Touchless Hail Claim Management Solution
Chief Collision Technology, part of Vehicle Service Group (VSG), will soon offer an automated hail claim management solution with the launch of Constellation. The technology solution will give insurance providers, fleet managers and collision repair facilities a complete hail repair solution—from first notice of loss through the claims process and finally to vehicle repair. Constellation […]
NICB Reports Texas Continues to Take the Top Spot for Hail Claims
The National Insurance Crime Bureau (NICB) today, released a three-year analysis of insurance claims associated with hail storms in the United States. The report is based on a review of claims data from ISO ClaimSearch during the period of January 1, 2017 through December 31, 2019, totaling 2,769,362 hail loss claims. The top five states […]
NICB Details Top 5 States for Hail Claims
Texas continues in top spot for hail claims. Nearly 900,000 hail auto claims during 2016-2018. The National Insurance Crime Bureau (NICB) released the most recent three-year analysis of insurance claims associated with hail storms in the United States, and Texas and Colorado continue to remain at the top of the list. According to a review […]
HLDI: Total Payouts for Vehicle Damage by Hail Top $7 billion in 2008-14
Highway Loss Data Institute analysis of insurance losses to vehicles shows that 2011 and 2014 were the costliest years for hail-related claims in the U.S. An updated analysis by the Highway Loss Data Institute (HLDI) of insurance losses to vehicles shows that 2011 and 2014 were the costliest years for hail-related claims in the U.S. […]