Doak: Tornado Insurance Claims Top $561 Million

tornado

Insurance Department

Insurance claims filed in response to a major tornado outbreak in May jumped to 70,782 Tuesday, with insurance payments reaching $561,976,781.

“These numbers are more proof of the dramatic impact the tornadoes had on our state,” said Oklahoma Insurance Commissioner John D. Doak. “Thousands of Oklahomans are now in the process of rebuilding their lives. Insurance can help them do that and I am glad to see that so many of the victims were insured. But the claims process can be complicated. My office is ready to assist consumers in any way possible.”

May 19th & 20th Tornadoes

Type of Claim                         Claims Received         Payments Made

Homeowners                           17,182                         $374,144,234

Private Auto                            21,218                           $61,427,445

Commercial Property                    993                           $18,727,906

Commercial Auto                         457                             $1,450,418

Other                                         415                               $3,216,276

May 30th & 31th Tornadoes

Type of Claim                         Claims Received         Payments Made

Homeowners                           16,626                         $62,945,489

Private Auto                           10,475                          $19,067,584

Commercial Property                 1,557                          $10,600,186

Commercial Auto                         306                            $1,459,668

Other                                         391                            $1,360,596

The Oklahoma Insurance Department (OID) will hold a series of educational forums for storm victims. The weekly forums, which begin Tuesday, allow impacted Oklahomans to ask questions and receive assistance with insurance-related issues.

OID experts will discuss various topics including; how to file a claim, what to do if your claim is denied, how to file a complaint and how to spot fraud. Attendees will also be able to ask questions about individual insurance concerns.

“Recovering From a Disaster Insurance Forums”

All events are 6:00-7:00pm

June 18th –Shawnee, Shawnee City Hall

June 24th – Little Axe, Little Axe High School

July 2nd – Carney, Carney Community Center

July 9th – Moore, Community Christian Church

July 16th – El Reno, El Reno High School

OID consumer assistance representatives are stationed at Westmoore High School Monday-Friday from 8:00 a.m. to 5:00 p.m. Help is also available by calling 1-800-522-0071.


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