Hail Risk Score | Hail Damage Score
Managing hail risk encompasses the damage it can do, and hidden damage it may have already done. Get your arms around this peril with tools that help track its destructive path across time and location.
Hail claims has the wrong date of loss1
About half of such claims were made after the hailstorm passed1
U.S. properties were affected by one or more damaging hail events in 20212
This report examines recent activity, trends, and data-driven tools to help insurers and communities better measure and mitigate risk surrounding three especially destructive categories of hazards: Hail and severe thunderstorms, wildfires, and hurricanes.
Hail patterns are changing, and damage claims can be slow to emerge. But hail risk can be manageable for insurers using deep data resources—going beyond claims to incorporate hidden historical damage and evolving climatological trends.
Use granular hail size and intensity information to assess the potential for pre-existing hail damage to a property.
See the likelihood of future hail damage at a specific property over the short to medium term.
Natural hazards are increasing in frequency and severity. Insurers should ask themselves three key questions while managing peril risk across:
A multistep quoting process can fall short of the rising expectations of today's consumers. Verisk helps you serve them quickly through InsurTech platforms, deep data resources, and powerful analytics.
Severe thunderstorms are a common natural phenomenon in the US, causing more than half of annual reported insured losses since 1985.Read the article
Verisk works with fire protection, scientific, and insurance community to provide technology to manage and mitigate wildfire risk.Read the article
Homeowners insurers may struggle to capture roof condition, but imagery analytics can help assess risk and opportunities for mitigation.Read the article
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