Mid-America Catastrophe Services

Hail claims for vehicle damage spiked in 2011

 Monday, June 4, 2012

 Insurance Institute for Highway Safety

Insurance losses for hail-related damage to vehicles more than doubled last year compared with the previous three years, an analysis by the Highway Loss Data Institute (HLDI) shows. Using information from insurers about weather-related losses under comprehensive coverage, HLDI matched the dates of those claims to hail events recorded by the National Oceanic and Atmospheric Administration to determine which claims were for hail damage.
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