Oklahoma tornadoes: ‘Tens of millions of dollars' in insured losses from tornadoes
An insurance industry spokesman estimates insured losses will be in the “tens of millions of dollars,” although final estimates won't be available for a while.
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May 26The body 3-year-old Ryan Hamil missing since a tornado...
May 25The Farmer's Insurance mobile command center arrived in...
May 25Residents of Chickasha start cleaning up the damage from...
May 25Miranda Lewis, who lives west of El Reno, survived the...
May 25An official talks to the media about the search.
May 25Kenneth and Margie Hanebaum sought shelter in their...
May 25Radar loop showing storms from 3 pm to 10 pm, May 24, in...
May 25Severe thunderstorms have moved east out of Oklahoma and...
May 24View a time-lapse rotation of a tornado that touched down...
May 24Tuesday, May 24, 2011 will go down as another deadly day...
May 24High risk of strong tornadoes, large hail in Oklahoma today.
May 24The forecast for later today calls for a potentially...
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WHAT TO DO AFTER A STORM
• Call your insurance Agent or your company's toll-free claim filing telephone number to report property damage.
• Make minor repairs to damaged property to prevent further damage or looting. Save receipts. Do not make major repairs until an adjuster has the opportunity to inspect the property.
• Photographs or video documentation of damaged property is helpful but not required.
• Do not dispose of damaged personal property until an adjuster has had the opportunity to look at it.
• If flooding has occurred, disconnect all electronic equipment and electrical appliances and move them to a dry place.
• Try and move damaged household items to a dry area.
• If damage is extensive, be certain your property is identified with your address. Place a plywood sign with your address and the name of your insurance company in front of the property.
• If you're unable to stay at the site, leave a number where you can be reached.
• Carefully select a contractor to complete repairs on your property, once a final settlement has been made by your insurance company. Ask the contractor for references and verify those references. Be cautious of a contractor who demands full payment for the work upfront.
To see a video about insurers arriving in Piedmont area, go to NewsOK.com and search “insurance.”
The 46-foot bus offers satellite-linked cellphones and laptops, water, cold and hot drinks, and emergency supplies.
Those in need of immediate assistance are welcome to supplies or use of equipment to contact family and friends, said John Lucido, state executive director for Farmers in Oklahoma.
Johns said people should not be concerned about the ability of insurers to pay claims.
“Companies reserve for these kind of major weather events and they did when the F-5 tornado hit Moore and Oklahoma City in 1999, which was a $1 billion loss for insurers and tragic loss for their customers,” he said.
Producers who lost livestock in the storms were urged to sign up for assistance through the Oklahoma Farm Service Agency's Livestock Indemnity Program.
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