For most insurers, hail represents the largest single loss peril in total annual claims. Damaging hail (hail larger than .75 inches in diameter) is generated by major thunderstorms and causes extensive damage to residential and commercial property.
Using source data from NOAA National Climate Data Center, our climate, statistic and geographic experts model point hail observations at a granular level. This provides underwriters with risk category and annual frequency of occurrence information, useful in determining policy hail risks and setting rates.
