Brisbane hailstorm claims pass $1.3 billion
Claims have passed $1.34 billion one year after Brisbane’s biggest hailstorm in three decades, according to the Insurance Council of Australia.
Senior Communications Adviser Ben McLean told insuranceNEWS.com.au commercial claims were $497 million and domestic claims $847 million.
The total number of claims was 121,394.
Suncorp has finalised 90% of its 33,500 customer claims, worth more than $343 million, according to spokesman Melissa Cronin.
Some 11,400 of those were for home and 22,100 for motor.
Ms Cronin says more than 10,000 motor vehicle claims were lodged within 24 hours of the storm on November 27 last year.
Within three weeks the insurer had assessed more than 17,400 hail-damaged vehicles, and Suncorp’s repairers made 3000 homes safe immediately after the storm and 94% of total loss claims were paid within two months.
She says Suncorp was still receiving claims from the storm as recently as last month.