Understanding Tornadoes & Insurance [infographic]
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Understanding Tornadoes & Insurance [infographic]

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SAGINAW BAY UNDERWRITERS INSURANCE

When you think of risky places to live for tornadoes, Michigan does not immediately spring to mind. Compared to a state like Texas – which averages 155 tornadoes per year – Michigan is relatively safe, averaging only around 17 tornadoes annually.

Still, 17 is not zero, and Michigan has seen its share of very devastating storms over the years, with some tornadoes causing multiple fatalities and millions of dollars in damage. Another issue for our state is multiple tornadoes touching down during a short period of time – something which has happened as recently as 2018.

With this in mind, understanding some basics about tornadoes is helpful, especially as they relate to insurance and our overall risk from natural disasters:

  • There are around 1,200 tornadoes in the U.S. every year
  • Tornado wind speeds can reach over 300 mph during category F5 storms
  • Tornadoes can range over 200 miles and last for hours
  • Certain parts of the country and times of year are at a greater risk for tornadoes – in Michigan, late spring to early summer is “tornado season”
  • Damage from tornadoes can be caused by flying debris, changes in pressure, destroyed structures, etc.
  • Tornadoes account for nearly $4 billion in annual losses in the U.S.
  • Typical homeowners and business insurance policies cover wind damage caused by tornadoes and other severe weather
  • Other natural disasters that might be experienced in Michigan – such as floods and earthquakes – are not covered by these same typical policies, making it a wise decision to consult your insurance advisor about this issue

Making the Complex Simple

Though tornadoes are a bigger risk in other places in the country, Michiganders still need to be aware of the dangers tornadoes pose and how they relate to insurance. Also, tornadoes are typically covered by standard policies, but other natural disasters are typically not.

Please see this helpful infographic for even more information.

SAGINAW BAY UNDERWRITERS INSURANCE



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