WeatherBill’s unique online platform allows you or your Agent to instantly customize and quote the weather coverage product that fits your needs. You can customize your weather coverage in 5 simple steps:
1. Select your location using the interactive map 2. Choose the start and end dates of coverage 3. Select the weather condition for which you need to get paid 4. Specify how much you would like to get paid
Once you have a quote that matches your risk and your budget, your agent can lock in your coverage in minutes.
How Does WeatherBill Determine Coverage Cost?
WeatherBill operates a sophisticated weather tracking and forecasting system to assess risk and determine the price of coverage. Factors that can influence pricing include: Historical Observations: Past weather events at the covered location, including recent trends and changes in weather patterns
Short-Range Forecasts: The closer to the start date you purchase your coverage, the greater the influence of forecasts
Current Weather Conditions: Current drought, cold-spell or other prolonged weather conditions
Climate Outlook Models: El Nino and other large-scale weather indicators
Long-Term Trends: Warming, cooling and other long-term trends
How is the Weather Monitored?
WeatherBill’s platform integrates real-time, certified weather measurements generated by the National Weather Service and recognized regional meteorological organizations. Weather measurements are obtained through a range of land-based stations, satellite observation sources and radar enhanced “grids”.
How Do I Get Paid?
During the coverage period, WeatherBill monitors weather measurements for your location in real time. You or your agent can view the measurements online at any time. Payouts are determined solely by independently audited weather measurements, eliminating the need for a claims process, proof-of-loss or payment waiting period. WeatherBill settles your contract automatically — checks are sent within 10 days of the end of your coverage period.
