The average fire loss estimate in 2014 was $41,256.

A quiet year for major catastrophes did not translate into fewer losses for insurers, according to the Xactware 2014 Property Report.

“Although 2014 was a quiet year for catastrophes overall, severe weather damage from wind, hail, lightning and tornadoes was at the fourth-highest level in history,” said Greg Pyne, Xactware’s assistant vice president of Pricing Data Services in a statement. “The trend of high damage from severe weather continued to trouble the industry in 2014.” Total insured losses due to thunderstorms saw the fourth highest number on record with $12.3 billion.

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