In 2013, State Farm Insurance paid more than $1.3 billion for more than 175,000 water loss claims as a result of burst frozen pipes, flooded basements and broken appliance hoses.
The top 10 states with the most water-related State Farm claims in 2013 were:
- Texas 21,700 claims
- California 17,900 claims
- Georgia 10,200 claims
- Pennsylvania 9,100 claims
- New York 8,700 claims
- Illinois 8,100 claims
- Arizona 5,900 claims
- Florida 5,800 claims
- Michigan 5,400 claims
- Tennessee 4,400 claims
Source: State Farm
Was this article valuable?
Here are more articles you may enjoy.
Poorer Americans Dropped Federal Flood Insurance When Rates Rose
Cat Bonds Linked to Wildfires Lose ‘Once Untouchable’ Status
Apollo Expands Asset-Level Risk Reviews to Reflect Impact of Extreme Weather
Waymo to Update Software Across Fleet After Major Power Failure