Weather claims top $470 million
EL RENO, Okla.– While federal assistance is still up in the air, many victims are turning to their insurance companies for help.
Insurance claims filed in response to several May tornadoes jumped to 60,308 on Tuesday.
Payments by insurance companies topped $470,323,000.
“These numbers are already staggering, and this is just the beginning,” said Oklahoma Insurance Commissioner John D. Doak. “Many of the victims haven’t received their entire settlement checks yet, so that payment number will continue to go up for a while. This is something the state of Oklahoma is going to be dealing with for a long time. Those affected by the storms need to know that we’re here to help, for as long as it takes.”
From May 19 and May 20, homeowners filed 16,000 claims for a total of $326,073,951.
During that same time, auto claims came in just shy of 20,000 and received $51,690,669.
Commercial property and auto claims totaled around 1,300 with payments reaching upwards of $14,000.
From May 30 to May 31, homeowners filed 13,070 claims that totaled $59,370,622.
Automotive customers also filed over 8,000 claims for a total of $8,27,600.
Commercial properties and automotive claims reached over 1,100 for a total of $7,300.
The Oklahoma Insurance Department’s consumer assistance division is available to answer any questions by calling 1-800-522-0071.