Weather risk solved.
Weather causes tens of billions of dollars in damage each year. Lack of insurance understanding has led to unaffordably high premiums with unmanageable deductibles.
Understory’s fraud-proof system solves the coverage crisis with the world’s most precise, granular, and reliable hail metrics.
industry can be
a stressful place.
Billions of dollars of inventory is parked across the Midwest, beneath the darkening skies of yet another destructive storm.
Auto dealers face increasing premiums, deductibles rising by up to 500%, and even being dropped from coverage entirely.
It’s time for a new approach.
Auto - Hail Safe
Revolutionizing the settlement with an instant process after triggering the policy
Cover any economic damage from vehicles, roofs, revenue loss, advertising, and other expenses ASAP
Parametric insurance breaks the mold of the insurance industry’s antiquated, anti-claim mentality
Traditional insurance quoting and adjusting takes too long with ever increasing premiums and unmanageable deductibles. Understory’s Auto - Hail Safe has simple and cost-effective hail coverage to bridge the financial gap of long restocking timelines and cash flow to repair damaged inventory.
You select payout limits and hail size options to customize the policy to your needs.
Whenever a storm hits, our stations detect and understand the storm's unique fingerprint.
We offer a 100% transparent policy trigger, without adjusters, no waiting or hassle.
A simple, transparent alternative
Here’s how we stack up against the status-quo:
Slow and painful wait on adjuster’s valuations potentially causing a lack of focus on sales and tying up of service bays.
Up to 12 weeks. Dependant on claims adjustment.
Up to $5,000 per car with significant out-of-pocket payments.
Coverage requirements are complex with loss history, hail matrixes, or PDR/ conventional repair.
Meet Dot, our state-of-the-art weather sensor at the core of our game-changing technology platform.
Without knowing what to expect insurers expect the worst. Which translates to higher rates for your coverage. However, when risk can be measured, everyone wins. Our Atmospheric Intelligence AI powers one of the most sophisticated weather risk models in the world that forms the basis of accurately understanding the risk that sets meaningful pricing and coverage.
Let us know you’re interested below and we’ll have an insurance broker reach out to you.
Understory’s technology enables Auto - Hail Safe. The brokers we work with sell the policy. And the policy, provided on an admitted basis in each state, is provided through Vortex Insurance Agency, a subsidiary of MSI GuaranteedWeather (MSIGW). Mitsui Sumitomo Insurance USA, Inc., the insurance carrier for the product (AM Best rated A+) and MSIGW are both wholly owned subsidiaries of of Mitsui Sumitomo Insurance Co, Ltd., one of the worlds largest non-life insurers based in Tokyo, Japan.
Simply get in touch with us below and we’ll work out the details.
In the United States for the states of Colorado, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Nebraska, Oklahoma, South Dakota, Texas, and Wisconsin. If your state or country isn’t listed here, contact us and we will look into accommodating you.
Our brokers will work with you to understand how much coverage you need. Then they’ll enter your address into an instant quote tool, provide you with your quote for four different levels of coverage—from premium plans to catastrophic-only plans.
You can buy Auto - Hail Safe from one of our participating brokers. Send us a note below and we’ll put you in touch with a broker in your area.
Yes. Understory installs and maintains a rooftop Dot sensor on your dealership. When hail reaches the conditions agreed upon in the policy, the sensor will activate an instant settlement. Your payout arrives one to two weeks later.
After the policy is bound, Understory will work towards installing the Dot sensor before the policy effective date. A pre-installation site checklist helps identify a date, time, and location in advance to ensure a swift and hassle-free process, followed by policy activation.
Get in touch to find out more about Auto - Hail Safe.