More than 110,000 vehicles and thousands of homes in Texas regions of north San Antonio and Bexar County were pelted by large hail in what will become the costliest hailstorm in Texas history, according to the Independent Å˽ðÁ«´«Ã½Ó³» Agents of San Antonio.
The storm struck on the evening of April 12, damaging roofs and knocking holes through car windows. The National Weather Service verified reports of 4 ½ inch hail.
“The storm primarily struck the northwestern portion of Bexar County moving across northern areas of San Antonio with large hail that was shaped like jagged rocks,” said Robert Crosby, the group’s executive director.
Estimated insured losses to vehicles are expected to reach $560 million while damage to homes and businesses is expected to reach $800 million.
The $1.36 billion total surpasses the May 5, 1995 hailstorm that struck Fort Worth causing an estimated $1.1 billion in damage.
Uninsured losses from homeowners without residential property insurance and vehicle owners without comprehensive insurance are also expected to be high.
The insured loss estimates were taken from company projected losses and verifying their percentage of the marketplace.
Was this article valuable?
Here are more articles you may enjoy.
‘Pivotal’ Q3 Sees Insurtech Root Achieves Net Income Profit for the First Time 
Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’ 
State Farm Settles Immigration Discrimination Case with Justice Department 
J&J’s $8.2 Billion Talc Settlement Faces January Court Test 
