Estimated 300,000 to 500,000 homes damaged in Arizona

The number of homes that are estimated to be damaged in Arizona continues to grow. The damage occurred a few months ago during the October Hail Storm. The Hail storm was not necessarily known because of the enormous size hail, but the hail was pretty sizeable.
The reason this storm caused so much damage is because it was so wide spread. Not only was the path of the storm enormous, but it went right through the most populated areas of Phoenix. Rarely do you have a storm this size hit a densely populated area.
Insurance Companies have been estimating the damage from the beginning of the storm and the number seems to keep climbing. Initially there were estimates of around 70,000 homes were damaged. It wasn’t long into the repairs that the estimates jumped up to 150,000 homes would file a claim. Now some people are estimating anywhere from 300,000 claims to 500,000.
One adjust said that even this far after the storm has hit, only 30% of their companies customers have filled claims. Another insurance company has stated they are getting still in January 1200 fresh claims a week.
The theory is many people are afraid to report their damage until they see their neighbors getting repair work done. Then they elect to call their insurance company out, or contact a local company to get a third party Inspection. No matter how you look at it, there is still a lot of work to be done in the Phoenix Area.
This is good for people in the construction industry as many new jobs have opened up and will continue to be around for a while. There were a lot of roofing companies that closed in the last few years because of the weak economy, but many new ones are currently hiring.
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