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 20202
This report reviews and summarizes U.S. hail activity in 2020, including breakdowns of severe events and the most active states and counties. Also discussed are impacts in the “hail alley” region and strategies for insurers to make better-informed underwriting decisions.
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.
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.