2016 hail storms cost Texas approx $700m

According to data by CoreLogic, the 2016 hail season is already among the most severe in Texas history, with year-to-date results reaching the nine-year average for U.S. hail storm damage.

Estimated losses in Fort Worth, Plano, Wylie and San Antonio totaled close to $700 million. Collin County’s share of estimated loss is between $245-$320 million. Above figures are CoreLogic’s estimates.

Below is a summary highlight of the hail size, number and percentage of properties* affected by hail damage and the total estimated losses for these spring hail events.

CoreLogic-Texas-spring-hail-storm-losses

Storms: 

Date City Hail size and Loss
March 17 Fort Worth Hail that reached almost 2.25 inches in diameter.

Estimated residential losses total between $60-80 million.

March 23 Plano Hail up to two inches in diameter and estimated residential losses of $25-40 million.
April 11 Wylie Hail up to 3.5 inches in diameter was spotted in parts of the town.

Estimated residential damages range between $220-280 million.

April 12 San Antonio Hail reaching 3.25 inches.

Estimated residential losses total between $300-400 million.

 

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