Rural insurer NFU Mutual has estimated that the storm damage claim bill could top £30m.
The company has estimated that last week’s storms may lead to over 10,000 claims.
Richard Pilkington, NFU Mutual claims manager, said that the majority of claims reported so far were for roof damage to homes, farm buildings and vehicles, with fallen trees which had hit vehicles and buildings making up a large proportion of the claims.
“The most serious damage is being reported in the South West of England, which bore the brunt of the storms. However, for the first time in many years, we have seen storm damage right across England and Wales.
“Scotland and Northern Ireland appear to have escaped the worst of the storm this time. But there has been severe damage to a significant number of buildings – particularly those in exposed positions.”
Mr Pilkington added that many policyholders had also lost power, which would lead to claims for damaged freezer contents and milk in farm storage tanks which had been spoiled due to electricity failure or because fallen trees or floods had prevented tankers getting through to farms.