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Useful online resources for Ohio Insurers Expect To Pay $;85M For Winter Storm Damage
A winter storm that slammed Ohio two days before Christmas will cost insurance agencies across the state millions of dollars.
According to the Ohio Insurance Institute, Ohio insurers expect to pay at least $85 million to home, automobile and business owners who had property damage from snow and ice.
SLIDESHOWS: Winter Storm Hits Northeast Ohio Snowstorm Hits Several Cities
The storm caused major power failures and travel hazards across the state. Homeowners account for more than 70 percent of the 27,000 claims received by 23 insurers. Their claims total $62.5 million.
About 10 percent of the claims, totaling $5.9 million, were from drivers.
The state industry association said businesses have made 1,322 claims, totaling $11.8 million.
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