Supplemental HAIL INSURANCE FOR DEALERSHIPS
Take Control of Your Dealership's Hailstorm Risk
When a hailstorm strikes, expenses add up fast. Auto - Hail Safe is supplemental hail insurance that covers what traditional insurance doesn’t.
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TRUSTED BY LEADING DEALERSHIPS
Key Benefits
Hail risk, solved
Take control of the hail risk on your lot with simple, flexible, transparent coverage.
Customize the policy to fit your needs
Choose as much or as little coverage as you need. Add it at any time as a standalone solution or to fill any gaps left by a traditional policy.
Make recovery costs more predictable
Get a predetermined payout you can use at your discretion for any storm losses. No exclusions. No financial deductibles.
Recover faster after a hail storm
Payouts occur in one to two weeks.
Eliminate the claims hassle
Claims are settled immediately and automatically without adjusters.
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HOW IT WORKS
Understory makes hail coverage simple
It’s never been easier to close your coverage gap and bounce back quickly from a storm.
STEP 1
Customize
Select a coverage amount and a payout structure based on your risk tolerance, your inventory levels and any coverage gaps left by your traditional policy.
STEP 2
Measure
Understory installs a weather station at your dealership. It detects and analyzes every hailstorm with precision.
STEP 3
Payout
If a damaging storm strikes and triggers your policy, we pay you automatically without any hassle, within one to two weeks.
Parametric vs. traditional insurance
It’s time to diversify your hail risk approach
When traditional insurance falls short, Understory’s parametric insurance steps up.
Hail Adjustment Process
Parametric Hail Insurance
Traditional Insurance
None
Long and tedious
Payout Timeline
Parametric Hail Insurance
Traditional Insurance
One to two weeks
Up to 12 weeks
Financial Deductible
Parametric Hail Insurance
Traditional Insurance
No
Yes
Exclusions
Parametric Hail Insurance
Traditional Insurance
None
Many
Customization
Parametric Hail Insurance
Traditional Insurance
Completely flexible
Limited options
CUSTOMER STORY
“I’ve never found hail to be any fun, but Understory brought peace of mind from the financial exposure.”
Our Technology
Hello, Dot. Goodbye, claims process..
Meet Dot, Understory's state-of-the-art weather station. It’s always on guard, collecting more than 125,000 weather measurements per second. When a storm strikes your dealership and triggers your policy, Dot detects it and settles the claim immediately and automatically.
• No maintenance required • Solar-sourced power • Free-standing, fast installation
WHAT OUR CUSTOMERS ARE SAYING
Rob Gonzalez
VP and General Manager, Rush Chevrolet
"When the aggregate deductible disappeared on our traditional insurance, we were facing catastrophic financial exposure in the event of a damaging hail storm. Auto - Hail Safe from Understory is a shield that protects our working capital and cash flow."
Allen Masengill
General Manager and Partner, South County Dodge Chrysler Jeep Ram
"Our traditional insurance premiums and deductibles had risen to the point where a damaging hail storm would've depleted a pile of cash. With Auto - Hail Safe from Understory, we have peace of mind that our balance sheet is protected."
Take control of your dealership’s hail storm risk today
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4916 E Broadway, Suite 200 Madison, WI 53716
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