For the Record - Jan. 16, 2008
Insurance: An article in Business on Sunday about maintaining your home to reduce insurance claims said annual water damage claims totaled $11 billion, fire claims $16 billion and wind and hail claims $30 billion. In fact, for every $100 of premiums paid, insurers pay out $11 on water losses, $16 for fire losses and $30 for wind and hail claims.