The 60-day moratorium stops insurers from being able to cancel coverage to residents affected by Saturday’s twister. The Arkansas Insurance Department has issued a 60-day moratorium on the cancellation of tornado insurance policies. This move was made following the Jonesboro tornado that ripped through homes, a mall and other buildings. This is meant to stop insurers from cancelling coverage of affected Craighead County residents. Residents affected by the Jonesboro twister cannot have their tornado insurance policies cancelled due to non-payment for another 60 days. That said, it is only affected…
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Thousands of tornado insurance claims filed after Ohio devastation
Local insurers and agents have been assisting policyholders with damaged homes, vehicles and businesses. Policyholders in Ohio are encouraged to begin filing their tornado insurance claims following the storms last week. The twisters hit on Monday night and damaged homes, cars and businesses. Insurance companies are expecting thousands of claims and agents are bracing to assist them all. Insurers such as Allstate, State Farm, and Farmers have been fielding ceaseless client calls. “When the devastation is this much, it’s like nothing any of us in our area has really seen,”…
Read MoreCanadian tornado insurance industry issues recommendations to victims
Residential areas in Canada’s capital region were struck by a massive twister this weekend. The Canadian tornado insurance industry has issued advice to the region of Ottawa, Ontario and Gatineau, Quebec, which was struck by severe weather over the weekend. The insurance industry is telling affected residents to document absolutely everything during cleanup. Severe weather has already caused nearly $1 billion in insured damage this year in the province of Ontario alone. Now, the country’s capital, Ottawa, and the city across the river from Ottawa, Gatineau, has been hit by…
Read MoreWilkes-Barre tornado victims get helpful tips and advice from Allstate
The insurer reached out to residents of the township to offer them safety and coverage tips. Allstate issued some important advice to those affected by the Wilkes-Barre tornado last week. It reminded customers that their safety should come before anything else when returning home. Homeowners may be keen to assess possible damage, but Allstate reminds them to be cautious. The Wilkes-Barre tornado caused notable damage to the township. That said, the Allstate report reminds customers that when they return home, the damage may create unexpected dangers. Therefore, homeowners should first…
Read MoreTornado insurance tips to help victims of damage
Adjusters released a number of recommendations to homeowners affected by last week’s storms. Last weekend hundreds of homes were hit by an EF1 tornado and throughout this week, tornado insurance adjusters have been dispatched. They’ve been visiting the affected areas of South Carolina and Louisiana. As insurance companies do their best to assist the victims of the storms, they have also issued advice. The tornado insurance adjusters have made a number of recommendations to homeowners still waiting for their damage to be assessed. As many of the homeowners don’t know…
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