Hail and Severe Thunderstorm Risk
Be there to help your customers take cover
Changing weather patterns are creating new challenges for insurers that cover hail events and the severe thunderstorms that often produce them.
Hail damage can take time to detect, leading to delayed claims. But data and analytics can help insurers manage these risks more effectively.
Understanding evolving hail risk
This report reviews and summarizes U.S. hail activity in 2021, including breakdowns of severe events and the most active states and counties. You’ll also learn about the impacts of hail activity in new regions, the possible near-term effects of climate change, and how increased hail activity may affect roof replacement.
Data-fueled underwriting
Identify the latest emerging hail exposures
See where hail exposures are growing based on ultra-precise data and Verisk-exclusive scientific methodologies.
Measure the likelihood of existing hail damage
Assess a property’s potential for existing hail damage based on location-specific weather history.
Use a probabilistic model for severe thunderstorms
Use Verisk's probabilistic U.S. severe thunderstorm model to gauge potential exposures.
Manage hail claims more effectively
See where and when hail losses are reported
See where and when hail losses are reported in real time to guide you in making fast, effective decisions throughout the claims cycle.
Assess and triage losses and combat fraud
Get property- and date-specific reports on hail, wind, and lightning activity to assess and triage losses and combat fraud.
Get automated, detailed analysis of storm effects
Receive automated, detailed analysis of storm effects to help anticipate and respond to impacts more accurately.
Distribute and manage claim assignments
Distribute and manage claim assignments and get detailed reports, including Benchmark™ alerts, to assess key information.
Estimate repair or replacement costs
Estimate repair or replacement costs for severe weather damage using current, reliable, and localized pricing data.
Additional insights
April 2019 preview: Historical catastrophe activity
Historically, April is an active month for violent tornadoes. There have been more violent tornadoes—EF4 and EF5—in April than any other month from 1950 through 2013. And…
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ISO releases new, updated national state building code report
ISO has released the 2019 National Building Code Assessment Report, detailing the status of the nation’s building codes, including assessments of participating states.
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AER and team demonstrate benefits of using machine learning in subseasonal-to-seasonal forecasting
A team from Verisk's Atmospheric and Environmental Research (AER), Massachusetts Institute of Technology (MIT), Microsoft Research, and Stanford University published an…
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