At $1.4B in claims, recent hailstorm could be most expensive in state history
May 23, 2017
DENVER (AP) — A storm that dropped a blanket of hail across Colorado earlier this month is on pace to be the most expensive in state history. That’s according to the Rocky Mountain Insurance Information Association.
The Denver Channel reports that the May 8 storm caused insurance claims estimated at a total of $1.4 billion. The insurance association is estimating more than 150,000 auto insurance claims and 50,000 homeowners’ insurance claims.
The only other storm that caused more than billion dollars in insurance claims came in July of 1990. That storm led to $1.1 billion in claims.
The hailstorm came during evening rush hour and pummeled Denver’s western suburbs with baseball-size hail, damaging thousands of homes and cars. A shopping mall in Golden remains closed.