September's storm did more than $60 million of damage in two
days, the Insurance Council of New Zealand reported.
The provisional cost of insured damaged caused by the storm
that hit the country on September 11 and 12 was $68m, ICNZ
Chief Executive Tim Grafton said.
About 7000 claims worth more than $15m were settled for home
and contents damage, while over $38m in commercial material
damage claims and almost $10m in motor vehicle claims were
settled, he said.
There was also $2.5m in damage to crops and over $1m paid out
for business interruption, Mr Grafton said.
"These are provisional figures at this stage, but they
confirm that the cost of storms in 2013 has now reached $157
million so far."
The final costs of the June 21-22 storm was $39.3m, the April
19-22 event was $46.2m and May 4-7 cost $2.9m, Mr Grafton
"New Zealand's generally high levels of insurance uptake make
for a quick economic recovery at times like these, but
equally it reinforces our call for adaptation initiatives to
build resilience to these kinds of events."
Data was collected on a nationwide, not regional basis, due
to the nature of the storm.