State Farm Sees 120% Jump In Claims Following Hurricane Matthew
Oct. 13--State Farm, Virginia's largest homeowners and auto insurer as of last year, reported Wednesday that 1,870 homeowners claims and 1,330 auto claims have been filed in the state in the wake of Hurricane Matthew last weekend.
The auto claims number is up 137 percent from Monday, when State Farm reported that 560 claims had been filed in the state, at the time more than any other Southeastern state affected by Matthew.
State Farm's homeowners claims in Virginia are up 120 percent from Monday, when 850 claims were reported.
USAA, Virginia's second-largest homeowners insurer last year, had received 5,000 post-Matthew property claims in the state as of Wednesday afternoon, said Rich Johnson, spokesman for the Texas-based company.
That figure includes both homeowners' and renters' claims.
USAA had received 1,400 Matthew-related auto claims in Virginia, Johnson said.
From Florida through Virginia, USAA saw its total claims volume -- for property and auto -- grow in two days to 40,000 from 15,000 on Monday, a 166 percent spike.
Allstate, another of the state's largest insurers, said claims figures weren't available as of midafternoon Wednesday.
"It's still too soon to share numbers," said Shaundra Turner Jones, a spokeswoman, in an email. "We are focused on assisting our customers affected by this storm."
From Florida through Virginia, the numbers of State Farm homeowners and auto claims have more than doubled since Monday.
Homeowners claims are up to 19,740, a 136 percent increase from 8,350, and auto claims have risen to 5,580, up nearly 160 percent from 2,150.
South Carolina accounted for more State Farm auto claims -- 1,530 -- than any other state affected by Matthew.
Virginia is in second place in that category.
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