Insurance Claims Top $1.6 Billion in August Iowa Derecho

More than 200,000 claims.
Insurance Claims Top $1.6 Billion in August Iowa Derecho
November 18, 2020

The Iowa Insurance Division says as of Nov. 2, more than 200,000 claims arising from the Aug. 10 derecho windstorm were reported statewide. Of those, nearly 160,000 claims totaling more than $1.6 billion were already paid, and insurance companies are holding more than $1 billion in reserves to be used for the remaining claims, according to the department.

Iowa Insurance Commissioner Doug Ommen says, “As policyholders pursue claims under their insurance contracts, we encourage property owners to continue to work diligently with their insurance company and agent as they obtain the necessary repairs.”


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