SAN ANTONIO – An insurance industry group says a hailstorm that hit the San Antonio area last week proved to be the costliest in Texas history, with damage estimated at nearly $1.4 billion.
The Insurance Council of Texas says hailstones as large as grapefruit caused estimated insured losses to motor vehicles of about $560 million. Damage to homes and businesses is expected to reach $800 million.
Robert Crosby, executive director of Independent Insurance Agents of San Antonio, said uninsured losses were also expected to high.
The $1.36 billion damage estimate beats the $1.1 billion in damage caused by a hailstorm that hit Fort Worth on May 5, 1995.
No injuries were reported in storm that pummeled northern San Antonio and northwestern Bexar (BEAR) County the night of April 12.