Vortex Weather Insurance, a provider of parametric weather insurance solutions, has launched its HailSafe parametric hail insurance product.
Previously available only through third-party vendors, HailSafe can now be purchased directly from Vortex by brokers and weather‑exposed businesses, including solar projects. HailSafe policies placed through Vortex rely on an independent third‑party hail measurement source, utilizing a combination of radar, National Weather Service data, storm reports and expert meteorologists.
“We’re excited to formally launch direct access to HailSafe,” said Andy Klaus, VP of Business Development for Vortex. “Brokers and businesses can contact us directly to put tailored hail protection in place, using independent data sources that many insureds and carriers already know and trust.”
HailSafe is a 12‑month parametric hail insurance policy designed to deliver fast, predictable payouts when hail of a recorded size hits a covered location.
If recorded hail at the insured location meets or exceeds the hail size parameter defined in the policy during the coverage period, the policy pays out — no claim adjustment, no damage inspection and no deductible. Clients are free to use the proceeds however they choose, whether that’s repairing damage, covering lost revenue, funding higher deductibles or investing in resilience.
Standard HailSafe policies can trigger with hailstones as small as 1 in. in diameter, with custom trigger options available to match a client’s risk profile or risk‑transfer strategy.
“HailSafe is a strong fit for businesses looking to protect solar panels, crops, roofs, and open‑lot merchandise like vehicles,” Klaus added. “Payouts are typically issued within about a week after the triggering hail event, giving our clients peace of mind through the entire storm season.”
News item from Vortex
