Florida Personal Injury Lawyers Blog
TALLAHASSEE, FL – The state of Florida has issued an update regarding the number of insurance claims filed as the result of the damage caused by Hurricane Milton.
According to Florida Politics, more than 313,000 insurance claims have now been filed in Florida due to Milton, resulting in a total of $3.448 billion in Florida claims.
That is an increase of $100 million from the previous figure posted last month by the state’s Office of Insurance Regulation. The office has been keeping track of claims made since Hurricane Milton hit the Gulf Coast in October. The number of claims was up nearly 11,000 from the last report. The new total includes 248,812 residential property claims and 14,805 commercial property claims.
Including damage done by Hurricane Helene in other states, Moody’s estimates that combined privately insured losses for the two storms range between $35 billion and $55 billion. In terms of the most costly hurricanes on record, the total would rank Milton behind Hurricanes Katrina and Ian, while placing it at about the same level of losses as Hurricane Ida.
The last report on Hurricane Helene was that its damage resulted in $1.99 billion in property insurance claims in the state and 135,505 total claims.
Agricultural production losses caused by Milton reached an estimated value between $190 million and $643 million in Florida, according to a preliminary report by the UF/IFAS Economic Impact Analysis Program (EIAP).
After Hurricanes Helene and Milton, our Florida Hurricane and Storm Damage Claims Lawyers at Whittel & Melton want insurance companies to be held accountable for fully compensating their customers so that our communities can recover. We are here to be your legal advocates to ensure that you recover what you are rightfully owed from your insurance company or FEMA. We can walk you through how to prevent delays, make sure you understand FEMA’s regulations, and fight for maximum compensation for your claim. Call us now at 866-608-5529 or contact us online for a free consultation.