Too soon to tell if the windstorm will cause insurance rates to rise - WDRB 41 Louisville News

Too soon to tell if the windstorm will cause insurance rates to rise

LG&E says we can expect rates to go up thanks to the cost of the windstorm cleanup -- but it's too early to tell whether insurance rates will increase as well.

The Kentucky Office of Insurance says if the storm does bring higher premiums, that won't be reflected on bills until well into next year.

Insurance companies have received tens of thousands of claims related to the windstorm.  Kentucky Farm Bureau Insurance says its customers have about $40 million in damage.

That's from more than 22,000 claims.

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