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Weather Insurance

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Weather Insurance
An insurance policy protecting one from loss of income due to adverse weather conditions. For example, a recreational horseback riding facility is unlikely to have many customers during heavy rain, which could cause significant drops in profit. Weather insurance can replace at least some of what the profits would have been. It is a type of business interruption insurance.


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Risk management products, such as weather insurance or a hedge on energy prices to keep transport and input costs low, should also be considered, he said.
With every vacation package, the company provides hurricane and weather insurance, and a Sunshine Protection Plan good for $100 off if it rains, at no extra charge to the customer.
Weather insurance also is piquing more organizers' interests.
 
 
 
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