Hail Intelligence
Understand property-specific hail risk, vulnerability, and post-storm damage
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, according to the III, the industry sustained over $14.2 billion in losses in 2020. CAPE Hail Intelligence lets insurers assess property-specific hail exposure risk, vulnerability, and claim validity..
CAPE® Hail Intelligence scores property risk and post-storm damage by combining machine learning, address-level characteristics, and next-generation weather analytics.
Hail Solutions
It’s Time to Get Granular on Hail
- 01 Harness a new, holistic view of hail risk with the industry’s first property-specific hail vulnerability rating
- 02 Underwrite and price with greater confidence in hail-prone areas
- 03 Benchmark and right-size your regional exposure to hail
- 04 Leverage standalone property characteristics that are predictive of hail claim frequency and severity
Benefits
Property-specific Insights support better decision-making in hail-prone states. Drive refined rate segmentation by identifying roofs with an increased likelihood of severe of hail claims.
Get a handle on roof elements that result in higher replacement costs, such as increased complexity.
Avoid paying for another carrier’s claims by capturing roof condition issues and susceptibility to hail at the beginning of your workflow.
A Deeper Look
Leverage CAPE’s loss-predictive attributes or holistic Hail Vulnerability Rating
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 Complexity: Simple
Roof Condition: Good
Structure Footprint: 2,410 SF
Roof Material: Shingle
Roof Geometry: Gable
Home 02
Hail Hazard:
High Risk
Hail Vulnerability:
Very High Risk
Key Factors:
Roof Complexity
Structure Footprint
Roof Material
Roof Complexity: Complex
Roof Condition: Fair
Structure Footprint: 4,230 SF
Roof Material: Shingle
Roof Geometry: Hip
Optimize adjusting expense and improve customer experience by identifying high-probability hail claims for automated payout.
Co-created with Canopy Weather, CAPE’s pre-storm property vulnerability data and Canopy’s post-storm forensic damage data produce hail damage insights within hours of a storm.
Benefits
Carriers experience a surge of claims following storms that adjusting teams struggle to handle. Adjuster expenses increase and contractors often have undue influence on the homeowner. Hail Roof Damage Rating can help reduce expenses by identifying claims that are suitable for automated payout.
When adjusting teams get overwhelmed, delays can mount. Identifying high confidence claims suitable for immediate payout makes for happier policyholders and eliminates contractors being first to the kitchen table.
A Deeper Look
Hail Roof Damage Rating instantly validates claims for faster or even automatic payout, increasing policyholders’ satisfaction and reducing loss adjustment expenses. Our sophisticated AI model can differentiate between legitimate claims versus those needing adjuster inspection.
Hail Roof Damage Rating is a five-point score that indicates the likelihood of a roof having hail damage following a storm. The score is powered by CAPE’s machine-learning model that blends next-generation weather analytics with imagery-derived roof characteristics to produce faster, more accurate damage insights.
Home 01
Hail Roof Damage Rating:
4
Fast Track?
No
Key Factors:
Hail Size
Roof Complexity
Structure Footprint
Roof Condition
Hail Size: Large
Roof Complexity: Simple
Roof Condition: Good
Structure Footprint: 2,410 SF
Roof Material: Shingle
Roof Geometry: Gable
Home 02
Hail Roof Damage Rating:
1
Fast Track?
Yes
Key Factors:
Hail Size
Roof Complexity
Structure Footprint
Roof Condition
Hail Size: Large
Roof Complexity: Complex
Roof Condition: Fair
Structure Footprint: 4,230 SF
Roof Material: Shingle
Roof Geometry: Hip
Read Our Latest Hail Insights: