Hail Intelligence
Understand the past, present, and future of property-specific hail risk
Across the country, hail claims are increasing in both frequency and severity. Hail-related property losses result in over 500,000 home insurance claims each year and the industry surpassed $20 billion in losses. In an effort to combat this, current tools often rely on incomplete or inaccurate user-submitted information.
The enhanced CAPE® Hail Intelligence suite provides a 360-degree assessment of hail risk by combining forensic weather history from Canopy Weather, imagery-based roof age, and present imagery analytics to accurately determine future risk.
It’s Time to Get Granular on Hail
- 01 Harness a new, holistic view of hail risk with the industry’s first property-specific suite of hail ratings
- 02 Underwrite and price with greater confidence in hail-prone areas
- 03 Benchmark and right-size your regional exposure to hail
- 04 Predict future loss frequency and severity by understanding recent experience, roof age, and current property characteristics
Benefits
Property-specific insights that leverage roof age support better decision-making in hail-prone states. Drive refined rate segmentation by identifying roofs with an increased likelihood of severe hail claims.
A Deeper Look
Leverage CAPE’s holistic suite of hail risk ratings or loss-predictive attributes
CAPE Hail: Overall Risk Rating
An overall assessment of a property’s risk to hail by combining vulnerability and forensic weather analytics
CAPE Hail: Vulnerability Rating
A view of a property’s susceptibility to hail damage that considers factors like structure footprint, roof condition, material, and more
CAPE Hail: Experience Rating
The likelihood that a property has experienced recent, unseen hail damage to its roof
CAPE Hail: Severity Rating
The potential severity of a future claim based on property-level characteristics
Regional
Hazard
Condition
Material
Complexity
Footprint
Geometry
Carriers can now attain unprecedented segmentation in hail-prone geographies for better underwriting and pricing:
Home 01
Hail Hazard:
High Risk
Hail Vulnerability:
Medium Risk
Key Factors:
Roof Complexity
Structure Footprint
Roof Material
Roof Age
Roof Complexity: Simple
Roof Condition: Good
Structure Footprint: 2,410 SF
Roof Material: Shingle
Roof Geometry: Gable
Prior Hail Experience:
1 Storm, <1.25″ Max Hail Size
Expected Loss Severity:
$1 – $4,999
Read Our Latest Hail Insights: