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. […]