Prevent Avoidable Losses with
Hurricane Risk Insights
The US has seen above-average hurricane activities for several consecutive seasons. These storms cause billions of dollars of losses, and untold amounts of human suffering. With comprehensive hurricane insights, insurance companies can now get ahead of the risk and protect policyholders’ homes and businesses.
Hurricane Risk is Increasing in the US
Consecutive seasons of above-average hurricane activity1
Predicted by NOAA, making it likely to be the 3rd most active season on record1
Damage caused by hurricanes in 20212
Insurers need an evolved solution for hurricane risk management
Existing products focus exclusively on regional peril data, not property-level insights.
Data is isolated across different platforms, difficult and slow to analyze.
Insurers are forced to decline coverage or end business in certain states.
Hurricane Risk Insights is the Solution
Computer vision analyzes aerial imagery and detects property-level vulnerabilities such as roof condition, tree overhang, debris, and defensible space, and displays an easy-to-understand 1-5 Hurricane Vulnerability Score. The lower the score, the worse the risk.
Insurers can also access trusted third-party partners such as HazardHub and public data like FEMA for regional hazard data including distance to the coast, historical hurricane activities, community resilience, and more.
With regional peril information combined with property-level Hurricane Vulnerability Scores, you now get a complete picture of hurricane risk in a single platform for fast, accurate, and confident underwriting decisions.
Get Actionable Insights to Protect Homes and Businesses
Hurricane Risk Insights display granular property conditions, so agents and underwriters truly understand hurricane risk and can proactively recommend mitigation steps to policyholders. Then, you can confidently write the insurance coverage they need to protect their homes and businesses.
Two homes on the same street in LaPlace, LA. We analyzed the aerial imagery, detected property-level vulnerabilities such as roof staining, worn shingles, and defensible space, and generated vulnerability scores, before Hurricane Ida.
We found two homes on the same street in our research on the 2021 Hurricane Ida. The first, with a Hurricane Vulnerability Score of three and good defensible space, survived with minimal damage. The nearby home with a Vulnerability Score of two and less defensible space suffered significant roof and structural damages after the hurricane.
What if the neighbor's insurance company had seen the risk and proactively recommended steps like replacing the roof before the hurricane hit? With the most effective information, you can be the hero to help make homes and businesses more hurricane resilient, avoiding massive disruption and supporting recovery.
2 https://www.nhc.noaa.gov/data/tcr/index.php?season=2021&basin=atl (Calculated from NOAA’s 2021 Atlantic Hurricane Season Summary Table)
Confidently write policies in high-risk areas without sacrificing your loss ratio
Enhance your underwriting and inspections workflows with property insights and risk management tools from the Betterview platform. Schedule a demo today to see how our predictive analytics, geospatial imagery, and Computer Vision models can help you drive down losses and expand your business in high-risk regions.