Report: Winter Weather Caused $61.8M in Property Damage So Far this Year

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Winter weather has already caused an estimated $61.8 million in property damage in 2024, and the coldest time of the year is a ways off.

The damage from winter storms in the first half of the year may be large, but the figure is actually tracking below last year, according to a study conducted by ValuePenguin.

Winter weather damages are on target to be 29% lower than the $191.8 million in damages experienced in 2023.

ValuePenguin researchers analyzed National Oceanic and Atmospheric Administration data to calculate the amount of property damage caused by winter weather

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