Hail season is underway. With destructive hail events come a host of worries. Business owners need to take precautions to ensure they don’t wind up victims of hail damage. Hail can be a devastating force to deal with when you’re ill-prepared. Especially for businesses in hail prone states. 

 

Number of State Hail Claims Ranked By Volume

 

According to an April 2020 NICB Hail Report, Colorado had the second-highest number of hail claims in the US from 2017- 2019, with 380,066, and its neighbor, Texas, was the top state in hail loss claims from 2017- 2019 with 637,977 hail claims with the exception of 2018, where Colorado had the highest claims. Hail season is nothing to take lightly.

  • Over 12.6 million US properties were affected by hail damage. (2016)
  • Roughly $5.37 billion for auto insurance claims, according to hail data. (2008-2014)
  • 2011 saw the highest claims frequency with 4.3 claims per 1,000 insured automobiles in the US due to hail damage.

 

If you wait until after a hail event to protect your assets, you could be increasing your risk of financial loss. Hailios helps make the hail claim process fast and easy. Our patented hail sensor, Eyewitness, collects data in real-time and distributes vital information to your insurance provider. Don’t get stuck waiting for your claims adjuster weeks on end: contact us by emailing info@hailios.com or by calling 1-719-375-1622. We’ll find a solution that’s right for you.


 

Works Cited

“Hail.” RMIIA, Rocky Mountain Insurance Information Association, www.rmiia.org/catastrophes_and_statistics/Hail.asp.

Hernandez, Andrea, and Tony Arevalo. “Hail Damage and Insurance Statistics – An Overview (2020).” PolicyAdvice, PolicyAdvice, 11 May 2020, policyadvice.net/blog/hail-damage-statistics/.