NICB: Hailstorms Left Their Mark in 2016

Texas Losses Skyrocketed as Claims Rose by 48% Nationwide

News provided by

May 31, 2017, 10:21 ET

DES PLAINES, Ill., May 31, 2017 /PRNewswire-USNewswire/ -- Everything is big in Texas, including hailstorms. The National Insurance Crime Bureau (NICB) said today that insurance claims for hail damage in Texas last year exceeded the previous two years combined.

Hail damage fluctuates year-to-year, but 2016 was a particularly devastating year across the country. An analysis of insurance claims from the Insurance Services Office (ISO) ClaimSearch database showed that after decreasing by 21 percent from 2014 to 2015, the number of hail claims nationwide jumped 48 percent to more than 965,000 in 2016.

Hail Loss Claims Nationwide

2016	965,153
2015	654,121
2014	831,469

Hail Loss Claims – Top 10 States 2014-2016

State	2014	2015	2016	Total	% of U.S. claims
Texas	135,927	161,099	378,652	675,678	28%
Colorado	100,127	56,773	90,002	246,902	10%
Nebraska	80,733	23,791	58,142	162,666	7%
Missouri	45,478	37,823	56,736	140,037	6%
Illinois	63,853	40,246	26,502	130,601	5%
Kansas	39,415	39,000	49,864	128,279	5%
Minnesota	16,786	34,324	20,759	71,869	3%
Pennsylvania	49,402	10,233	4,836	64,471	3%
Indiana	22,102	14,291	21,750	58,143	2%
Oklahoma	11,889	28,788	15,925	56,602	2%

Texas totaled more than four times as many hail claims as the second leading state, Colorado, and had 39 percent of all the claims filed last year.

San Antonio's devastating hailstorms in 2016 resulted in 68,778 claims with Colorado Springs reporting 33,595.

Across the nation, most hail claims, 55 percent, were for home damage with personal auto damage representing 32 percent of all hail claims.

The report is available here. Download an infographic here.

The NICB consistently warns storm victims to be on the lookout for fraudulent roofers and contractors following a disaster.

Almost all of these scams are unsolicited—they begin with a visit from a contractor who seeks to help victims rebuild. That is why NICB recommends that "if you didn't request it, reject it." Before hiring any contractor, call your insurance company. Your insurance company will honor its policy so there is no need to rush into an agreement with a contractor who solicits your repair work—especially when you did not request it.

NICB suggests you consider these tips before hiring a contractor:

Get more than one estimate.
Get everything in writing. Cost, work to be done, time schedules, guarantees, payment schedules and other expectations should be detailed.
Demand references and check them out.
Ask to see the salesperson's driver's license and write down the license number and their vehicle's license plate number.
Never sign a contract with blanks; unacceptable terms can be added later.
Never pay a contractor in full or sign a completion certificate until the work is finished and ensure reconstruction is up to current code.
Make sure you review and understand all documents sent to your insurance carrier.
Never let a contractor pressure you into hiring them.
Never let a contractor interpret the insurance policy language.
Never let a contractor discourage you from contacting your insurance company.

Consumer Resources

For a free brochure with tips to avoid post-disaster fraud, click here.
For useful checklists, including how to spot flood and salvage vehicle scams and post-disaster contractor repair schemes, click here.

For free consumer access to the vehicle salvage records of participating NICB member insurance companies who collectively provide 88 percent of the auto insurance in force today, access NICB's VINCheck.

Anyone with information concerning insurance fraud or vehicle theft can report it anonymously by calling toll-free 800-TEL-NICB (800-835-6422), texting keyword "fraud" to TIP411 (847411) or submitting a form on our website. Or, download the NICB Fraud Tips app on your iPhone or Android device.

About the National Insurance Crime Bureau: Headquartered in Des Plaines, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to preventing, detecting and defeating insurance fraud and vehicle theft through data analytics, investigations, training, legislative advocacy and public awareness. The NICB is supported by more than 1,100 property and casualty insurance companies and self-insured organizations. NICB member companies wrote over $436 billion in insurance premiums in 2016, or more than 79 percent of the nation's property/casualty insurance. That includes more than 94 percent ($202 billion) of the nation's personal auto insurance. To learn more visit www.nicb.org.

Get the latest on our social pages:
Facebook
Twitter
LinkedIn
YouTube
Google+
Instagram
Blog

SOURCE National Insurance Crime Bureau