An insurer says claims of damage from an early hail storm in Bozeman, Mont., could reach up to $60 million.
The June 30 storm that rolled through the city dropped hailstones the size of golf balls, shattering windows, denting cars and damaging roofs and trees.
Dan Rust, an agent with State Farm Insurance, estimates that Gallatin Valley residents and businesses will submit a total of $60 million in claims to insurance companies.
Emergency manager Patrick Lonergan says the county has so far received 183 damage reports totaling $1.06 million.
He says that’s only a fraction of the actual damages, but he doubts the county will qualify for aid because out-of-pocket costs that insurance doesn’t cover so far total $228,408.
There’s a $2 million out-of-pocket cost threshold for aid programs.
Was this article valuable?
Here are more articles you may enjoy.
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’
Meta Settles School Suit Over Social Media, Averting First Trial
CommScope Sued by Lenders for at Least $150 Million Over Alleged Breach
Trump Set to Sign AI Cybersecurity Directive as Soon as Thursday