Hurricane Ian Insurance Claims now Exceeding $24B (and growing to an estimated $41- $70B - Forbes). Does not include figures for large national mutual companies such as State Farm.
Uninsured Flood Losses could top $10B.
Is Your Business Insured properly?
Commercial insurance policies may exclude wind/hail (hurricane) coverage. Flood is typically always excluded and requires a separate flood policy.
Hurricane Ian devastated the state of Florida in the final days of September this year, making landfall on the west coast just shy of a category 5 storm.
The world has mostly moved on from this tragedy, but many are still struggling to find a way to put their lives together … if they ever will.
(pic source and credit: Damaged homes and debris are shown in the aftermath of Hurricane Ian on Sept. 29, 2022, in Fort Myers, Fla. Wilfredo Lee/AP, as sourced from NPR)