Colorado Springs Broker Reflects On Hail Challenges After Deadly Storm

When it comes to extreme weather events, hurricanes and wildfires tend to grab the most attention, but there’s another natural beast causing billions of dollars in damages every year in North America alone — hailstorms. The Insurance Institute for Business and Home Safety has predicted 2018 to be the 11th consecutive year in which severe-storm related damages could exceed $10 billion in the US — and 70% of those losses are expected to derive from hail events. Colorado has been described as “a hotspot for hail” by Kristen Rasmussen, an assistant professor at Colorado State University, as the state has the perfect conditions of high altitude and dry air.