For immediate release
New York Press Office: Loretta Worters, 917-208-8842, email@example.com
NEW YORK, April 3, 2023—U.S. auto, home, and business insurers are assisting disaster victims after dozens of deadly tornadoes tore across multiple states in the past 72 hours, according to the Insurance Information Institute (Triple-I).
“Insurers are the nation’s financial first responders and will be there to help their policyholders recover,” said Sean Kevelighan, CEO, Triple-I. “The widespread damage the U.S. experienced in the past few days due to extreme tornado activity highlighted the importance of being financially protected from catastrophic losses by having the right types, and amounts, of insurance.”
Property damage caused by tornadoes is covered under standard homeowners, renters, and business insurance policies, and under the optional comprehensive portion of an auto insurance policy. Nearly 80 percent of U.S. drivers opt to purchase comprehensive coverage.
Policyholders should contact their insurer to obtain the assistance they need. Many claims-filing services are available via either a mobile app or online. The Triple-I offers these recommendations when tornado-caused property damage occurs:
Checklist for Homeowners, Renters, and Auto Policyholders
Checklist for Small Business Owner Policyholders
Blog: Triple-I Blog: Tornadoes
Consumer Information: Settling Insurance Claims After a Disaster
Video: Tornado Tips: Reporting Damage and Loss
Website: Triple-I’s Resilience Accelerator
White paper: Severe Convective Storms: Evolving Risks Call for Innovation to Reduce Costs, Drive Resilience