IBHS turns research and insights into actions home and business owners can take to reduce costs associated with weather-related losses. Our hail guidance is on our policyholder-focused site, DisasterSafety.org. We encourage you to provide the links to policyholders via email, social channels, etc.
- There are approximately 3,000 hailstorms annually in the US, resulting in average insured losses of $1.6 billion.
- Hail can occur in any strong thunderstorm, which means hail is a threat everywhere. When it hits, it can shred roof coverings and lead to water damage to ceilings, walls, floors, appliances, furnishings, and contents.
- While the average lifespan of some roofs is 20 years, roofs in severe hail-prone areas often must be replaced every 7 to 10 years, according to insurance industry data.
- Significant hailstorms result in millions—and sometimes billions—of dollars in damages to commercial roofs, siding, and outdoor and roof-mounted equipment.