Florida has experienced an estimated $3.95 billion in insurance claims due to three hurricanes in just three months, with numbers still climbing. The Office of Insurance Regulation revealed that Hurricane Milton, which made landfall on October 9 in Sarasota County, has resulted in 204,971 claims totaling approximately $2.48 billion—over 165,000 of which are for residential property damage.

Hurricane Helene, which struck the Gulf Coast on September 26, has generated 121,689 claims amounting to $1.3 billion, with about 30% of these claims already closed. Meanwhile, Hurricane Debby, which hit Florida's Big Bend region on August 5, prompted 21,000 claims totaling $131 million, with more than 75% closed. A significant number of Debby claims were settled without payment, while nearly 8,000 were closed with partial payments. Interestingly, claims related to Hurricane Milton are reported to be lower than those filed for Hurricane Ian during the same period last year. Click here to read more.