Experian reports that, nationally, the average payout for property damage claims is $13,955. However, this can be misleading, as there are many types of property claims that are drastically different in value. For example, the average fire or lightning property damage claim is around $77,340. The average payout for bodily injury and property damage is around 30,324. Claims for damage caused by wind, hail, water, or freezing all carry average ranges of between $11,000 - 12,000.
The problem with averages is that they fail to recognize the unique aspects of the claim. For example, an “average” payout for a bodily injury with a property damage claim is completely irrelevant if the bodily injury that was sustained involved permanent injury, loss of earning capacity, and repairing or replacing a high-priced vehicle. Many factors are involved in valuing a claim, proving its value, and getting the insurance company to make a settlement offer to fairly compensate the claimant for their losses.