November hailstorm bill nears $200 million
The insurance bill for the hailstorm that hit northwest Victoria, northeast SA and southern NSW on November 11 has reached $192.6 million from 28,146 claims.
SA was the most severely affected state, with 20,080 claims totalling $130 million. NSW has recorded 4529 claims for $37.5 million and Victoria 3537 claims totalling $25.2 million.
The Insurance Council of Australia (ICA) says more than half of all claims were for motor vehicles, costing $80 million, with three-quarters of these in SA.
ICA declared the hailstorm a catastrophe on November 15.