OCTOBER majority of fire insurance claims resolved
A new insurer survey estimates that 84 percent of claims resulting from forest fires devastating October have been resolved. A survey by the Insurance Information Network of California businesses, which represent over 66 percent of homeowners insurance market, they paid 10811 and 12902 complete its applications for housing fire. Until now, these applications have given rise to claims 751697999 $ value of colonies has already been paid. Businesses surveyed expect such claims finally to a total of 1.26 billion dollars.
During the evaluation process, the contractor “commandments, the acquisition of building permits and processing effective sometimes takes a year or more, the survey found that 454 of 1935″ total loss “, claims or nearly 24 percent already settled. More than 19100 homeowners, auto, automotive and commercial rights have been after the fire, after the Insurance Services Office. The organization projects, the damage resulting from the insured firestorms is ultimately a total of $ 2.04 billion. Tallied The investigation Brushfire owner of the house insurance to pay duties April 12, 2004.
In January, another IINC investigation revealed that 860 companies surveyed had Brushfire of 928 self-insurance rights of the fire with a volume totaling $ 5.01 million. On auto insurance do not been questioned in the recent survey.
With over 3500 houses firestorms lost for the majority of insurance claims made for so-called “partial loss or property damage caused by household smoke, or even materials fight against the fire.
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