The 3 most costly winter weather claims

An analysis from The Hartford analyzing claims over the past five years names the top three winter mischief makers.

Insurance News

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Winter can be messy. When it isn’t major snowstorms in the Northeast, it’s icy roads and traffic accidents in the West. To help insureds prepare for this commotion of cold weather, The Hartford recently examined its claims data of the past five years, surveyed nearly 200 of its property adjusters and identified the top three sources of winter-related losses.

“We know winter weather can create challenges for homeowners,” said John Kinney, chief claim officer for The Hartford. “Our goal is to help people prepare for unexpected weather, protect what’s important to them and prevail over the season.”

With that in mind, here are three cold weather risks producers would do well to pass along to clients:

1. Frozen Pipes
One of the most common and costliest cold weather claims is frozen pipes. While most common in the Northeast and Midwest, frozen pipes happen in all areas of the country and average about $18,000 per claim.

The Hartford's adjusters recommend learning where the water shut-off is before faced with a frozen pipe or water leak. If damage occurs from a water leak or frozen pipe, a homeowner may need to find a service company to help clean up, which may help save money and prevent further damage from mounting.

2. Hail Damage
Hail damage is another common and costly winter weather claim, especially in the South where it is three times more common than in other areas. Roof damage from hail is more likely at the end of winter and can lead to claims that average $10,000.

Claims for hail damage are often filed late because the damage isn't always easy to see. After large hail storm, a homeowner may want to consider hiring a professional to examine the roof if they're not able to safely inspect it. Filing an insurance claim as soon as damage is noticed allows the insurance company to start working with the homeowner sooner to minimize the damage.

3. Tree Collapses
Wind damage and tree collapses are another common and costly winter weather claim. Trees in the West are generally larger than other parts of the country and claims in this area average more than $10,000. By comparison, tree collapse claims range on average from $3,000 to $5,000 in the Northeast, Midwest and South.

The Hartford recommends regularly assessing the trees and other vegetation on the property. Weakened tree limbs can easily come down in windy weather so the adjusters suggest maintaining and trimming trees near the home that could fall on the house, other buildings or vehicles during a storm.

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