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Weather Insurance

Weather Insurance protects against adverse weather conditions that reduces attendance and revenue. It is designed to offset not only the revenue lost due to reduced attendance but other revenue sources such as concessions, food and parking. It can cover perils such as Rain, Snow, Wind and Temperature.

Standard property insurance typically covers income losses only when they result from direct physical damage to insured property by a covered peril. Weather insurance fills a gap by providing coverage when weather causes a loss in income or increase in expenses, but with no attendant physical damage.

Weather insurance is written using a non-standard form with a variety of approaches. As with all forms of specialty insurance, it is very important to read the policy. In many cases the policy has a deductible and a total limit. The policy will pay a set amount per unit in excess of a deductible in the unit, up to a maximum or aggregate amount. The unit can be rain, snow or another weather measurement. By varying the amount per unit and the deductible, the premium is varied.

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AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY

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Contacts

Name Title Email Phone
Brent Allen CEO ballen@eqgroup.com 800-874-9191