, Australia
/Erik Witsoe from Unsplash

Claims soar to 19,932 after Victoria thunderstorm – ICA

About 85% of the claims are related to home and contents damage.

The recent thunderstorm which struck Victoria, Australia on Valentine’s Day was estimated to cost $104m, reflecting the extensive damage incurred by properties and possessions.

Claims also rose to 19,932, indicating the widespread damage caused by the event, the Insurance Council of Australia (ICA) said.

“These storms caused extensive damage across Victoria and show us just how quickly and unexpectedly extreme weather events can occur.” said Andrew Hall, CEO of the ICA.

ALSO READ: ICA engages treasury on proposed financial advice reforms

Approximately 85% of the claims are related to home and contents damage, highlighting the significant impact of heavy rainfall, flooding, and strong winds experienced across the region. 

Around 9,170 claims for damaged contents, totalling $10m, have been lodged, with nearly 30% of these claims already closed. 

Recognising the widespread impact of the storm, the ICA declared it a 'Significant Event,' triggering a heightened level of support for customers dealing with storm damage and power outages.

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