Texas Sets 2016 Hail Loss Record

The months of March & April in 2016 recorded some of the most damaging hailstorms the state has ever seen.

Hailstorms in those TWO months caused over $4B in damage to thousands of homes primarily in Dallas, Fort Worth and San Antonio. By comparison, insurers paid out $1.9 B in hail claim losses in 2015, previously the most paid for losses in a full year in Texas. “Only Hurricane Ike in 2008, the costliest storm in Texas history, inflicted more damage to homes than this year’s hailstorms,” said Mark Hanna, a spokesperson for the Insurance Council of Texas.

The April 12th hailstorm in San Antonio and Bexar County resulted in $1.4B in damage, making it the costliest hailstorm in Texas history, exceeding the May 5, 1995, $1.1B hailstorm in Fort Worth. The storms also produced record losses for autos. Auto hail and flood damage in 2016 is expected to reach a record $2B in insured losses.

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