Northeast Oklahoma storm damage exceeds $18 million - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Northeast Oklahoma storm damage exceeds $18 million

Updated:
OKLAHOMA CITY (AP) -- Early May's deluge in northeast Oklahoma caused more than $18 million in damage, much of it is not covered by standard homeowners insurance, the state's insurance commissioner said Thursday.

Eight companies representing 75 percent of Oklahoma's insurance market reported claims totaling $18,147,000, Carroll Fisher said.

They reported receiving 8,376 claims for water, hail and other storm damage to homes and automobiles between May 5 and May 9.

High water caused much damage not covered by typical homeowners policies, Fisher said.

"Flood insurance usually provides less coverage than comparable homeowners insurance, but it is the only insurance available for flood losses," Fisher said.

Flood insurance is provided by the federal government through the National Flood Insurance Program, he said.

On Wednesday, President Clinton rejected Oklahoma's request for federal disaster assistance for those affected by flooding this month in Creek, Tulsa and Wagoner counties.

State emergency officials said 319 buildings were damaged in the flooding. Eight buildings, all of them in Creek County, were destroyed.

Gov. Frank Keating has requested that the U.S. Small Business Administration declare Creek County a disaster area. The declaration would allow eligible home and business owners in Creek and contiguous counties to apply for low-interest loans to cover the cost of flood repairs.
Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2017 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.