The $9 billion opportunity

Annual hail losses in the U.S. exceeded $8.8 billion in 2020 and continue to get worse. As a result, the average five-year per policy loss cost has increased by 30%.* Which states have the worst hail losses? Read on to find out.

Which U.S. states have the highest hail loss?

States with the highest frequency of hail

South Dakota	5.00%
Iowa	4.08%
Wyoming	2.91%
Arkansas	2.83%
Missouri	2.82%
Nebraska	2.81%
Minnesota	2.76%
Texas	2.70%
Oklahoma	2.66%
Illinois	2.28%

States with the highest hail losses as % of all loss cost

South Dakota	67%
Wyoming	61%
Nebraska	53%
Minnesota	50%
Texas	50%
Missouri	49%
Oklahoma	48%
Kansas	45%
Illinois	37%
Colorado	36%

But not all hail losses are CAT claims.

38% of hail claims were non-CAT in 2020^*

Mitigation of non-catastrophe losses may go straight to your bottom line.

*LexisNexis® 2021 U.S. Home Trends Report