With Spring Comes Sunshine, Flowers and Billions in Insurance Risks

Although rarely deadly, hail causes an enormous amount of property damage, particularly to homes and cars.
With Spring Comes Sunshine, Flowers and Billions in Insurance Risks
A resident of Vivian, SD displays a section of roof that was damaged by the hailstorm on July 23, 2010. Courtesy of NOAA
Cindy Drukier
Updated:

Spring is the season of showers and flowers and the welcome return of warm weather. It’s also the season of one of the biggest weather hazards in terms of property damage and insurance claims—hail.

Although rarely deadly, hail causes an enormous amount of property damage, particularly to homes and cars. In 2014, State Farm insurance company alone received hail claims worth $2.4 billion. That doesn’t include crop damage, which costs roughly $1 billion a year in losses, according to the National Oceanic and Atmospheric Administration (NOAA). In fact, after tornadoes, hail causes the most damage to crops and property of any weather event.

Last year, NOAA recorded 5,536 major hailstorms. The highest risk time is spring, between April and June.

Cindy Drukier
Cindy Drukier
Author
Cindy Drukier is a veteran journalist, editor, and producer. She's the host of NTD's International Reporters Roundtable featured on EpochTV, and perviously host of NTD's The Nation Speaks. She's also an award-winning documentary filmmaker. Her two films are available on EpochTV: "Finding Manny" and "The Unseen Crisis"
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