According to State Farm policy and claim data, Minnesota experienced the highest cost from hail damage claims in 2022 with close to 800 million in damages.  In the case of State Farm, this represents homeowner and auto policies, however, these hailstorms have certainly impacted commercial real estate and businesses as well.  While other parts of the country have seen property insurance rates increase due to hurricanes, flood, earthquake, and wildfire; in Minnesota and the upper Midwest, increase in hail damage has contributed significantly to those rate increases.  Learn more about ways to protect your property and mitigate some rate increase.