Residential Claims Make up the Majority of Florida’s Hurricane Matthew Damage

A total of $170 million is the estimate of losses to date related to Hurricane Matthew in the state of Florida, according to the Florida Office of Insurance Regulation.

So far, residential property claims make up the majority of claims reported thus far.

Lines of Business Number of Claims Closed Claims (paid) Closed Claims (not paid) Number Claims Open Percent Claims Closed
Homeowners 21,226 422 621 20,183 4.9%
Dwelling 2,563 11 44 2,508 2.1%
Mobile Homeowners 2,297 11 25 2,261 1.6%
Commercial Residential 61 0 0 61 0.0%
Residential Property 26,147 444 690 25,013 4.3%
Commercial Property 481 2 4 475 1.2%
Private Flood 28 0 0 28 0.0%
Federal Flood 1,362 0 2 1,360 0.1%
Flooding 1,390 0 2 1,388 0.1%
Business Interruption 8 0 0 8 0.0%
Other Lines of Business 1,671 195 30 1,446 13.5%
TOTALS 29,697 641 726 28,330 4.6%

The office expects to update the figures each Monday for an unspecified amount of time.