Evaluating Hail Risk

Hail damage to residential and commercial property tops the list of annual claims for most insurers. Property losses due to hail from 2005-2016 as reported by the National Centers for Environmental Information (NCEI) was in excess of $19 billion with nearly 50% of these losses occurring within just the last 5 years.

Stay Off Thin Ice

CoreLogic Hail Risk data can help you better assess risk from hail stones 1” or greater.  Utilizing historical storm data over a 30-year period and running a 10,000-year simulation for regions across the U.S., you can rate your risk on a score of 1-12.  Ten-year probability percentages are also provided that can also be used to determine the probability of 1” or greater hail impacting a property location.

Benefits

Developed using 10km x 10km (6.2 mile) grid cells

Evaluate risk for a specific property or aggregate risk at a portfolio level

Easy-to-use numeric scoring and 10-year probability percentages are provided

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