DALLAS — Severe weather is in play for Wednesday afternoon and into the evening hours, bringing the threat of damaging winds and baseball-size hail.

And that means things could get costly.

These are the three costliest storms on record in North Texas, according to the Insurance Council of Texas.

$1.2 billion: December 26, 2015, Garland-Rowlett tornadoes

$1.1 billion: May 5, 1995, North Texas hailstorm

$890 million: June 13, 2012, DFW hailstorm

$885 million: April 5, 2003, North Texas hailstorm

$850 million: April 3, 2014, tornado/hail

Be sure to download the WFAA app for the latest weather updates and radars

More weather coverage 

RELATED: DFW weather timeline: When and where to expect severe weather on Wednesday

RELATED: Stay weather prepared! Strong to severe storms possible on Wednesday

RELATED: How to avoid roofing scams

RELATED: Hail, storm damage? What to do, how to avoid scams

RELATED: It’s storm season: What you need to know about hail

RELATED: Hail protection device gaining popularity