Weather Policy Feature Checklist
What to confirm in a weather policy — what's standard, what's often limited, and what to add if needed — plus the gap most often missed.
Pull out your current weather policy and check the box next to each feature you can confirm it includes — anything unchecked is worth a quick conversation with your advisor.
Tick each feature you can confirm your policy includes — anything left unticked is a good question for your next policy review.
| Confirm? | Policy feature | What to confirm | Priority |
|---|---|---|---|
| Measurement at the Location | An on-site station reduces the chance weather hits you but doesn't register. | Standard | |
| Trigger Window Matches Your Hours | Confirm the covered hours match when weather actually hurts revenue. | Standard | |
| Independent Data Provider Named | The policy should name who measures the weather and how. | Standard | |
| Payout Sized to the Real Loss | Fixed payouts may be more or less than what you actually lose. | Often limited | |
| Escalating or Tiered Payouts | Some policies pay more as conditions worsen instead of all-or-nothing. | If needed | |
| Coordination with Cancellation Coverage | Confirm how weather and cancellation policies work together. | If needed |
The gap most often missed in this coverage
The most commonly missed gap in this coverage is basis risk. A parametric policy pays only when the measuring station records the trigger — if rain falls at the event but not at the station, nothing is paid. Buyers should insist on on-site or nearby measurement, match the trigger hours to their revenue, and understand payment depends on the data, not the loss.
Send us the checklist and we'll review your weather coverage line by line, then market it across multiple carriers that compete for your account.
Related: Weather Insurance · Weather Supplemental (apply) · All coverage checklists
Frequently asked questions
What should a weather policy include?
Standard features to confirm in a weather policy include Measurement at the Location, Trigger Window Matches Your Hours, Independent Data Provider Named. This checklist also flags the features that are often limited or sublimited and the ones to add if needed, with a plain-English note on each.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my weather coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.