Allstate Sees Spike in Texas Weather Auto Claims
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April 28, 2010
| By:
Jonathon
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)According to an Associated Press report, Allstate has seen a notable spike in Texas weather-related auto insurance claims.
Specifically, Allstate said they experienced a 50% claim increase in Texas in 2009, primarily in Lubbock, Houston and El Paso. Most of these claims were due to damage from flood, wind and hail.
Texas had $2.45 billion in catastrophe losses in 2009--more than any other state. That represented 23 percent of the $10.57 billion in catastrophe losses nationwide, according to Insurance Services Office data cited by Allstate.
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