Claims for damage caused by Hurricane Irma in Florida have grown to nearly $8 billion.
More than 900,200 property owners have filed claims for insured losses from Irma, which slammed Florida five months ago, according to a new report from the state Office of Insurance Regulation.
Those include 26,595 owners of residential and commercial properties in Sarasota, Manatee and Charlotte counties who had submitted claims to insurers as of the end of last week, OIR said.
Close to 90 percent of the local claims have been closed, but four in 10 were not paid.
Reasons why the claims are being closed without payment:
- The damage was less than the hurricane deductible
- The damage was not covered
Miami-Dade reported the most claims, followed by Broward, Orange, Collier and Lee counties.