Weather Insurance
Can You Have More Sales, Too?
Helping over 75,000 businesses like yours raise profits and build customer relationships using AWeber's opt-in email marketing software for over 10 years.
Weather is unpredictable. Your bottom line doens’t have to be
Buy a Weather Contract and WeatherBill will pay you when weather conditions occur that may impact your business. You can be paid for rainy days that may keep your customers away, a heat wave that may impact buying habits of your customers, or a frost that may decrease the yield on your crop – customize a contract to suit your business needs.
David Friedberg was a business product manager at Google when he had his “a-ha moment.†It occurred to him that he should start an insurance company–a very old idea–but gear it specifically toward companies that want to protect themselves from losing money on a rainy day–a new idea. WeatherBill was born.
A farmer, for instance, could receive money every time the temperature dips below 67 degrees in a particular month. Or if a ski resort has a week and a half of beautiful, balmy weather in January, the owner could automatically receive a check without having to report the weather.
“There is no claims process,†Friedberg says proudly. Instead his company uses a third-party weather station, EarthStat, that independently confirms data and sends daily reports to WeatherBill, which then processes the checks and sends them out.
Entrepreneur.com
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