KCAL Insurance Agency
Phone: (800) 681-8288 E-mail: info@kcal.net
2011 already a record-breaking year for disasters
U.S. business, car and home insurance companies paid out almost $25 billion in catastrophe claims through the first nine months of 2011.This year is already the fifth or sixth most expensive year on record in the United States. The federal government has declared a record number of disasters so far this year, even though hurricane season isn't over yet, according to the Insurance Information institute (III). As of Sept. 30, federal officials had issued 86 disaster declarations, breaking the previous record of 81 set last year. Hurricane season runs through Nov. 30.
Source:Insure.com