Tornado Insurance Claims Climb To $688 Million

Insurance Department

Insurance claims filed in response to a major tornado outbreak in May jumped to 75,758 Wednesday, with insurance payments reaching $687,945,276.

“The victims of these devastating tornadoes will be dealing with the aftermath for quite a while,” said Oklahoma Insurance Commissioner John D. Doak. “The claim filings are slowing down but they’re nowhere near complete. Most policies allow for claims to be turned in up to one year from the date of loss. The Oklahoma Insurance Department is here to help guide the victims through some important decisions. We’re committed to seeing this through to the very end.”

May 19th & 20th Tornadoes

Type of Claim                         Claims Received         Payments Made

Homeowners                           18,102                         $432,876,881

Private Auto                            22,126                         $73,043,057

Commercial Property                   999                         $25,117,311

Commercial Auto                         478                         $2,594,410

Other                                           464                         $4,007,473

May 30th & 31th Tornadoes

Type of Claim                         Claims Received         Payments Made

Homeowners                           18,505                         $96,748,925

Private Auto                            11,684                         $27,142,380

Commercial Property                 1,779                        $16,808,671

Commercial Auto                          497                        $1,962,854

Other                                             452                        $2,965,866

The Oklahoma Insurance Department (OID) is holding a series of educational forums for storm victims. The weekly forums allow impacted Oklahomans to ask questions and receive assistance with insurance-related issues, including complaints, delays and disputes.

“Recovering From a Disaster Insurance Forums”

All events are 6:00-7:00pm

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. Consumers are also welcome to visit the OID’s Oklahoma City offices at 3625 NW 56th St., Suite 100, or call the consumer assistance hotline at 1-800-522-0071.


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