News & Media
enhanced satellite image of a hurricane

Helene’s Estimated Insured Losses Top $835M

Fla. Office of Insurance Regulation: With 84,400 claims filed, the state’s estimated insured losses from Hurricane Helene totaled $835,853,221 on Oct. 3.

TALLAHASSEE, Fla. – With 84,400 claims filed, estimated insured losses in Florida from Hurricane Helene have topped $835 million.

Data posted Thursday on the state Office of Insurance Regulation website showed $835,853,221 in estimated insured losses, up from $656,767,627 on Tuesday and $507,534,581 on Monday.

Of the 84,400 claims, almost exactly half – 42,219 – involved residential property. Other types of claims involved such things as damage to automobiles and commercial property. The data showed that about 11.4% of claims had been closed as of Thursday, with 5,633 closed with payments to policyholders and 3,979 closed without payments.

The Category 4 hurricane made landfall Sept. 26 in Taylor County before roaring through North Florida into Georgia. It also caused widespread flooding in communities as it moved up the Gulf of Mexico before making landfall.

© 2024 The News Service of Florida. All rights reserved.