frozen pipes News

Top States for Water-Related Claims: State Farm

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 …

Water Line Insurance Considered in Sioux City

The City Council in Sioux City, Iowa, has discussed setting up an insurance fund to cover the costs of water service repairs. The Sioux City Journal says dozens of homeowners have had to pay hundreds or even thousands of dollars …

U.S. Freeze Costs $3.5B, Causes Burst Pipes, Crashes: Aon

Winter storms that brought heavy snowfall, freezing rain and Arctic air to the U.S. last month will probably cost more than $3.5 billion in economic losses, according to insurance broker Aon Plc. Insurers estimated losses of more than $1.4 billion …