CHARLESTON, W.Va. -- West Virginia property owners in general didn't see a huge uptick in insurance premiums after making claims from last summer's massive windstorm, state data shows.
Figures compiled by the state Insurance Commissioner's office show nearly 36,700 insurance claims were filed in the month after the June 29, 2012 storm. The Charleston Daily Mail reported property owners received $87 million in insurance payments.
Insurers also paid out about 4,000 claims totaling more than $15.4 million following Superstorm Sandy last October.
Former state insurance commissioner Jane Cline analyzed the derecho claim data. She said it hasn't shown any significant increase in companies terminating homeowner coverage following the storm.
She also said insurance rates have remained relatively stable. Most post-storm increases were in the 3 percent range.
"That's relatively small when you think about the overall dollar amount that was paid out as a result of these claims,'' she said.
Cline, now the director of public policy for the Charleston law firm Spilman Thomas and Battle, said changes made by the Legislature in the past decade helped keep automobile and homeowner insurance rates from skyrocketing after the derecho.