Provided by Specialty Group

Weather Promotions

Weather can be used as a sales tool with promotion weather insurance by Tokio Marine HCC - Specialty Group. If the weather turns out as planned, profits soar. If the weather turns bad, stores are covered against huge losses.

Overview

Weather can be used as a sales tool with promotion weather insurance by Tokio Marine HCC - Specialty Group. If the weather turns out as planned, profits soar. If the weather turns bad, stores are covered against huge losses. More importantly, they win the loyalty of both their customers and the community at large.

Best for

  • Auto dealers
  • Electronics stores
  • Furniture stores
  • Jewelers
  • Wholesalers

Highlights

  • Based on rain, snow or minimum / maximum temperature
  • Shown to increase sales up to 30%
  • Protects company's balance sheet from unnecessary liability
  • Easy to execute

Summary of coverage

Promotion weather insurance is designed to stimulate sales for many types of retailers and manufacturers. If a certain weather event happens on a predetermined day, consumers receive a full or partial refund on purchases made during the promotional period. The policy can insure against rain, snow or minimum / maximum temperature. Typical buyers of promotion weather insurance include jewelry stores, furniture stores, electronics stores and auto dealers, but many types of retailers have success with these types of insured promotions.

An example would be a jewelry store that runs a sales promotion from the day after Thanksgiving through December 15th and states that anyone who makes a purchase during the sales period would get a full refund on their purchase if it snows X amount on Christmas Day.

Get in touch
Robin Lang

USA - Vice President - Contingency

Scott La Croix
Scott La Croix

Canada - Vice President, Head of TMHCC Specialty Canada Operations

Documents & forms

Your team

Head office

401 Edgewater Place Drive, Suite 400
Wakefield, MA 01880

(781) 994-6000
Directory
Robin Lang

USA - Vice President - Contingency

Wakefield, United States

Your team

Branch office

78 Musgrove Street
Winnipeg, MB R3R 2M5
Canada

(204) 806-0732
Directory
Scott La Croix
Scott La Croix

Canada - Vice President, Head of TMHCC Specialty Canada Operations

Winnipeg, Manitoba, Canada

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why choose tmhcc

Why choose Tokio Marine HCC?

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.

More about us Financial strength

Not all products, coverages, or features may be available in all states. Restrictions, exclusions, limitations, and conditions apply and you should see your agent for more information. Certain products and services are provided through non-admitted insurance carriers and are not subject to certain State Guaranty Funds.