No. Damaging hail or wind happens in virtually every state. Some states are more prone to large hail more frequently, such as Texas, Colorado, Missouri and Minnesota. There were 6,045 hailstorms with hail 1” or larger in 2018. Many states have damaging wind, tornados and hurricanes, such as Kansas, Florida, Oklahoma, and Nebraska. There is an average of 1,253 tornados each year. In the five-year period from 2013-2017, over $54 billion in claims were made for hail and wind damage.
However, just because someone does not live in a storm market, doesn’t mean that they cannot participate. They may have friends or relatives that live in a major hail, wind, tornado or hurricane market, who can be referred to The Hail Network when they incur damage.
According to a recent report by Verisk Insurance Solutions, 10.7 million properties in the United States were affected by one or more damaging hail events in 2017.
The Roofing Industry will reach $19.9 billion in 2021, according to a new white paper by The Freedonia Group, a leading international business research company.
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