Balancing a budget for a business, small town, large city or the Nation seems to be more difficult each year. The extra expense of an above average snowfall season can sabotage that balancing act. Strip malls, apartment complexes, local villages, airports and municipalities use weather insurance to change a volatile snow removal budget into a fixed one.
Two popular types of coverage are Snowfall per Inch and Snowfall per Storm.
Snowfall per Inch is designed to cover additional inches of snow above the designated budget amount. If a strip mall budgeted $40,000 for 40" of snow from November 1 - April 1, the policy would reimburse the strip mall $1,000 for every inch of snow above 40.
Snowfall per Storm is designed to cover the number of storms, where the storm is defined as a specific number of inches of snow. If a local village budgeted $200,000 for five storms of 3" or more of snow, the policy would reimburse the local village $40,000 for every storm above five that has 3" or more of snow.
To receive a free quote, please provide the following information:
- Location (City/State):
- Time Period:
- Type of Snow Coverage (Inch/Storm):
- Deducible in Inches/# Storms:
- Amount of Insurance Per Inch/Storm: $
- Name of Insured:
Leave nothing to chance. Contact us for a free quote.