Storm Damage: Validating Claims Through Weather Data

9/5/2017 (Permalink)

In the past year, the U.S. was hit with 8 major storm and climate-related events that each caused more than a billion dollars in property damage.

Data and analytics can go a long way in improving inefficiencies and processes, weather data, to be specific, holding a significant value.

Extreme weather events will always occur and certain areas of the country are more susceptible than others. For the insurance claims industry, this data is especially critical to verify claims following an extreme weather event.

3 ways to validate claims through weather data | PropertyCasualty360

According to Aite Group, "79% of insurers believe that data and analytics will have a significant impact on meeting the needs of [property and casualty] (P&C) customers."

Insurers have several options in capturing data to enhance insurance claims. Drone assessment is among the list for property damage assessments. Pairing weather data with drone services and their accurate imagery of a site could add validity to a claims decision.

Lightning and hail data and additional advanced weather data technologies are imperative for insurance companies in improving internal efficiencies as well as customer operations.

Do you have storm damage? Call us at our 24/7 Emergency Service number, 330-677-4483.