Search
 

Automated hail tracks

While property insurance hail claims have been increasing, NOAA hail reports have not.

By Megan D. Walker-Radtke, CCM | Updated on July 18, 2016

An odd thing has been happening over the past several years: property insurance hail claims in many parts of the country have been increasing, but official National Oceanic and Atmospheric Administration (NOAA) hail reports have not. If no more hail has been falling, why are more people filing claims for hail damage?

One prominent reason for the increase in hail claims is the increased prevalence of automated hail track products. You’ve probably seen them or used them yourself: digital maps with hail swaths color-coded to indicate hail size, available online for instant download. These products are offered by a number of different companies and are heavily marketed to contractors as well as to insurance adjusters. It’s an equal opportunity sales approach: pitch the roofer who will encourage the homeowner to file a claim, as well as the insurance adjuster who will investigate it.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.