East Coast Blizzard

With blizzard warnings in effect for coastal New England including New York City and the eastern half of New Jersey  Sunday and Monday  now is a good time to visit our facts and stats on winter storms.

Insurance Information Institute (I.I.I.) research shows that winter storms result in about $1 billion in insured losses annually and are the third largest cause of catastrophe losses, behind hurricanes and tornadoes.

Melting snow can inflict significant damage to property. From 1990-2009 winter storms resulted in about $25 billion in insured losses, according to ISO.

As  residents and businessowners start to dig out from the snowstorm, the good news is that standard homeowners policies cover winter-related disasters such as burst pipes, ice dams, and wind damage caused by weight of ice or snow, as well as fire-related losses.

Check out the I.I.I. website for claims filing information and  further  I.I.I. information on winter weather preparation.

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