American Property Casualty Insurance Association
  • Staff Contact: Brooke Kelley     
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  • March 26, 2015
  • Insurance Trade Offers Recovery Tips For Tornado Victims
  • MOORE, OK.- Following the first deadly tornado outbreak of the season, the Property Casualty Insurers Association of America (PCI) is offering recovery information to those impacted by the massive storms that swept across the Oklahoma and Arkansas in the past couple of days leaving one dead and several others injured.

    “Our thoughts are with those who’ve been impacted by these violent storms,” said Christopher Hackett, PCI’s director of personal lines policy. Right now, insurance adjusters are in the field throughout Oklahoma helping victims of these storms put their lives back together and look forward to rebuilding.”

    “We are now entering the most active part of tornado season and it’s important to prepare now, as severe weather can be unpredictable,” said Hackett.

    Having an emergency kit, and emergency plan in place is crucial, but it’s also important to make sure you are financially prepared for the aftermath of a storm as well. PCI encourages homeowners, renters, and business owners should conduct a review of their insurance policies and discuss coverage options with their insurance agent or company.

    Most tornado, windstorm, hail and similar severe weather-related losses are covered by either homeowners, renters, or commercial insurance policies. Tornado losses to a home are covered by the windstorm peril under the homeowners’ insurance policy. Renters insurance also provides coverage to policyholder possessions under this peril. Business owners are covered under their commercial policies. Protection from windstorm or hail damage for cars is covered under the comprehensive portion of the automobile insurance policy.

    PCI Tips If You Experience a Loss from a Storm:

    • Secure property from further damage or theft.

    • Contact your insurance agent or company representative as soon as possible to report damage.

    • Inventory losses and photograph damage to provide to your insurance adjustor. Save receipts

    • If you are a business owner, keep detailed records of business activity that is negatively affected due to the tornado and keep a list of extra expenses during the interruption. Prepare records to show the income from the business both before and after the loss.

    • Many standard homeowners and renter’s policies provide for reimbursement of additional living expenses when the property is determined to be uninhabitable due to covered damage. This provision helps in paying for increases to necessary living expenses such as temporary housing and restaurant meals. In addition, extra expenses such as overnight parking and laundry services may also be covered. Additional living expense coverage does not pay for all living expenses, so contact your insurance company or agent for a list of what your policy will cover.

    • Be careful about unscrupulous contractors following a natural disaster. Contact your insurer, agent or local business bureau for references on potential contractors and ask for certificates of liability and workers compensation before signing contracts.

    For more information you can follow PCI on twitter @PCIAA #becovered

  • PCI promotes and protects the viability of a competitive private insurance market for the benefit of consumers and insurers. PCI is composed of nearly 1,000 member companies, representing the broadest cross section of insurers of any national trade association. PCI members write more than $195 billion in annual premium, 35 percent of the nation's property casualty insurance. Member companies write 42 percent of the U.S. automobile insurance market, 28 percent of the homeowners market, 33 percent of the commercial property and liability market and 35 percent of the private workers compensation market.
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