As of the 22nd of November, insurers have received 15,870 claims, including 11,199 motor vehicle associated claims. Losses have been estimated at a value of $120 million, these numbers are still expected to increase.

On November 17th, a severe storm impacted communities throughout Southeast Queensland, in particular the Sunshine Coast region. The storm formed giant hailstones and damaging winds, earlier this week the Insurance Council Australia informed the public that it has been declared a catastrophe.

As of the 22nd of November, insurers have received 15,870 claims, including 11,199 motor vehicle associated claims. Losses have been estimated at a value of $120 million, these numbers are still expected to increase.

According to the head of risk and operations at Insurance Council Australia, Karl Sullivan, claims lodged for damage to motor vehicles were generally for shattered windscreens and dented panels. Numerous homes and businesses endured damage to roofs, awnings, solar panels as well as interior damage due to overflowing and blocked gutters. Property owners are urged to immediately contact Storm Assist by calling 18000 STORM or clicking below to organise a free damage inspection for your property or business.

“Storm and hail damage is covered by household policies and comprehensive motor vehicle policies,” Sullivan said.

“Insurers are standing by to help their customers and are already mobilising assessors to examine damaged properties and cars.”

Click here to read the full article: Hailstorm Labelled as a Catastrophe by the Insurance Council of Australia

The information contained in this article is of a general nature only. It does not take your specific needs, objectives or circumstances into consideration, and is not financial advice, legal advice or otherwise a recommendation to purchase any financial product or insurance policy. You should seek your own independent financial advice from a qualified financial and insurance adviser before making any financial decisions, and seek your own independent legal advice from a qualified solicitor before making any decisions of a legal nature.

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