American Family Insurance of Madison has paid out $11 million in damage claims so far as a result of the Aug. 18 tornadoes that hit central Wisconsin.
The insurer provided an update Wednesday on damage claims stemming from the fierce storms. As of Aug. 31, the company said it has paid out $11 million to Wisconsin policyholders and expects to pay out a total of $12 million to $13 million.
So far, 320 claims have been filed; 27 homes were destroyed and 40 other homes sustained “significant damage,” said spokeswoman Kelly Kick.
The vast majority of the claims came from policyholders in the Stoughton area, southeast of Madison. The company also has received claims from the Viola and Fort Atkinson areas.
American Family is the largest provider of homeowners and private passenger insurance in Wisconsin.
Was this article valuable?
Here are more articles you may enjoy.
Florida Bans Flock Cameras, License Plate Readers From State Roads
FBI Investigating Possible Exposure of Millions of American IDs
A $320 Million Hack Exposes the Cracks in Crypto’s Plumbing
Powerful El NiƱo Nears Record Strength, US Forecasters Say