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Understand Hail Risk

hailwebFor the majority of insurers, hail represents the largest single loss peril in total annual claims. Damaging hail (hail > .75 inches in diameter) is generated by large thunderstorms and causes extensive damage to residential and commercial property. Using source data from NOAA National Climate Data Center, CoreLogic's 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, which is used to determine policy hail risks and set rates.

Integrated into CoreLogic's insurance solution CATUM, the Hail database enables customers to accurately locate and assess insured properties for hail risks.

Learn more about CoreLogic's suite of leading insurance risk databases:

 

Last Updated on Wednesday, 21 April 2010 14:39