Tropical Development in the Gulf Coast and Florida.Buy StormPeace Now.

100% Irma claims settled, 98% in 72 hours

FAQ's

(i) Homeowners insurance is like swiss cheese. Lots of gaps in coverage.

Separate hurricane deductible: This could be 2% or greater of your home value. A $300,000 dollar home would leave you with $6,000 or more in out-of-pocket before your insurance kicks in.

Many exclusions: Pool cages, carports, boat docks, awnings, landscape, trees, and more that could add up to several thousands of dollars.

(ii) Homeowners insurance with traditional claims process is inefficient in post-hurricane catastrophe situations - shortage of adjusters, multiple visits, assessment, lack of communication, delays and declines.

Did you know that over 30% of claims from traditional windstorm insurance from Hurricane Matthew in 2016 are still open or will not be paid; and over 30% Hurricane Irma claims from traditional windstorm insurance are still open or will not be paid.

StormPeace pays you from the first dollar, has no exclusions and pays fast. We paid 100% of Hurricane Irma claims, 98% within 72 hours and most within 24 hours.

StormPeace is an innovative parametric insurance that pays if specific parameters are met. In the case of hurricanes, the parameters are strength of the hurricane and distance of the insured property from the hurricane track. These parameters are easily available and verifiable, without the need for deductible, adjusters or a lengthy claims process.

Yes, we cover water damage and much more. StormPeace pays when the payment conditions of hurricane strength and distance are met, and covers all damages regardless of whether damage was caused by wind, rain, flood, storm surge, flying debris, or even mold.

Not really. Life insurance is parametric insurance.

StormPeace is:

  • Approved by Florida Office of Insurance Regulation
  • Backed by one of the most reputed reinsurer, with a "A+ (Superior)" A.M.Best rating
  • Underwritten by carrier with "A- (Excellent)" A.M.Best rating
  • Accredited by the Better Business Bureau

These ratings are assigned to companies that have a Superior/Excellent ability to meet ongoing insurance obligations.

Yes. All home types are covered, including mobile homes, manufactured homes, single family homes, and condominiums. All we need is your name, address and the coverage limit you require.

If you are a renter, StormPeace can help cover your contents, evacuation expenses, replace spoiled food, and restoring power.

Claims is simple and fast! Payment amounts are pre-agreed and fully transparent at the time of purchase, and is based on strength of hurricane and shortest distance between the hurricane track and your property.

You have no claims to file. Meet the payment conditions, get notified in 24 hours, and get paid within 72 hours.

As a matter of fact, it is a much better value than a traditional insurance, as the policy pays the first dollar of damage and excludes nothing. And since it doesn’t verify damages, it pays almost immediately.

No, you don’t need to have any other coverage. If you do have insurance on your home or rental property, the limit on your StormPeace policy must be less than or equal to the hurricane deductible on your existing homeowners policy.

No. All named hurricanes, whether they make landfall or not, are eligible. Other insurance products only cover you when a hurricane makes landfall and wouldn’t have paid claims after Hurricane Matthew since it didn’t make landfall in Florida, even though it caused about $1.2 billion in losses there. StormPeace would have paid for Matthew based on the strength and distance of the storm from your property.

Yes. Once you receive StormPeace claims payment, you have 45 days to upload proof of loss to our website. Examples of proof of loss include: a personal signed note from you (we will provide template), contractor estimates, or copies of receipts.

Financial Strength

Top Underwriter

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Rated A- (Excellent)

Top 5 Global Reinsurer

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Rated A+ (Superior)

How it works

StormPeace is APPROVED by the Florida Office of Insurance Regulation.

Predetermined Claims Payment

Your payment is based on (i) the distance from the hurricane eye to your property, and (ii) category of the hurricane when it is closest to your property. The stronger the hurricane and closer to your property, the higher your payment, up to 100% of limit.

Get a quote now and see your payment schedule.

Automatic Settlement

No Adjusters!

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    When hurricane strikes, we notify you.

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    You respond to claim your loss amount.

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    We pay you within 72 hours.

Proof of loss required within 45 days.

Rebuild

Use your payments to:

  • Repair or replace swimming pool cages, boat docks, piers, seawalls
  • Remove fallen trees and debris
  • Restore landscaping
  • Fix property damage not covered under your homeowners insurance
  • Meet your hurricane deductible
  • Pay additional living expenses
  • Pay evacuation expenses
  • Replace a mobile or manufactured home
  • And more

Home types/structures covered:

  • Single family homes
  • Condominiums and Apartments
  • Mobile homes, Manufactured homes
  • Boat docks, car ports, entry structures, backyard patios, gazebos, fences and more

Causes of loss covered:

  • Wind
  • Water damage from rain, flood or storm surge
  • Flying debris
  • Mold

StormPeace is parametric insurance that pays fast based on intensity of a hurricane and its distance from your property, based on data published by the National Hurricane Center (NHC/NOAA).

Track Live and Historic Storms

Download the free StormPeace App

Contact

Want to know more before you decide?

Call us:

Mon-Fri, 8am-6pm EST; Sat 10am-4pm EST

Or email us: help@stormpeace.com

Agents, for information on appointments:


agentsupport@stormpeace.com