Hail Risk Assessment
Hail Risk Score | Hail Damage Score
Hail could hit your bottom line in the future—or from the past
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
The Hail Hazard and Its Impact on Property Insurance
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.
Data-fueled underwriting
Data-fueled underwriting
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.
Help identify past hail damage – and the risk of more to come:
Hail Damage Score®
Use granular hail size and intensity information to assess the potential for pre-existing hail damage to a property.
Hail Risk Score®
See the likelihood of future hail damage at a specific property over the short to medium term.
Informed decision-making, simplified
Identify emerging hail exposures
Help you prioritize ordering inspections, loss history, or follow-up with property owners at quote and renewal
Strengthen automated decision-making for risk selection
Use robust data to help flag potential pre-existing hail damage
Gain insights into hail trends to develop forward-looking strategies as you grow your book
Develop risk and exposure appetites based on scientifically grounded data
Complementary solutions
- Xactware, a Verisk business
- Verisk estimates