{"id":24016,"date":"2025-08-25T15:08:51","date_gmt":"2025-08-25T15:08:51","guid":{"rendered":"https:\/\/insurance-canada.ca\/?p=83779"},"modified":"2025-08-25T15:08:51","modified_gmt":"2025-08-25T15:08:51","slug":"rainsure-breaks-new-ground-with-insurance-that-pays-out-starting-at-01-inches-of-rain","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2025\/08\/25\/rainsure-breaks-new-ground-with-insurance-that-pays-out-starting-at-01-inches-of-rain\/","title":{"rendered":"RainSure Breaks New Ground with Insurance that Pays Out Starting at .01 Inches of Rain"},"content":{"rendered":"<h3><i>Get paid for any measurable rain<\/i><\/h3>\n<p>Paris, France (Aug. 14, 2025) \u2014 Vortex Weather Insurance is pleased to introduce <a href=\"https:\/\/vortexinsurance.com\/rainsure\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">RainSure<\/a><sup class=\"supscript\">SM<\/sup>, the latest addition to the company\u2019s line of <a href=\"https:\/\/vortexinsurance.com\/rain-insurance\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">parametric rain insurance<\/a> products.<\/p>\n<p>RainSure differs from Vortex\u2019s existing rain insurance products by offering incremental payouts for every .01 inch of rain up to a .25-inch, .5-inch, or 1-inch threshold selected by the policyholder.<\/p>\n<p>The biggest benefit of an escalator rain insurance policy like RainSure is that unlike traditional rain insurance policies, which only pay out when the rainfall amount meets or exceeds a certain threshold, a RainSure policyholder receives a payment for any recorded precipitation starting at .01 inches.<\/p>\n<p>\u201cRainSure helps protect your event from any amount of rain, even small amounts,\u201d said Andy Klaus, lead weather index insurance producer for Vortex. \u201cNo more worrying about whether the rainfall that is creating losses will be enough to trigger a payout. If it\u2019s just one one-hundredth of an inch, you get paid.\u201d<\/p>\n<p>The only parametric escalator rain product on the market, Vortex\u2019s ground-breaking RainSure provides quick, easy payouts. The policy holder can choose from three different versions of the RainSure product, each with a progressive level of payout.<\/p>\n<p>RainSure also provides unique protection for events that are more severely affected by heavier rain. For example, a light drizzle might not keep people away from an outdoor festival, thereby not making a significant impact on ticket and vendor sales. However, prolonged heavy rainfall could shut the event down, creating a much larger loss for the organizer. RainSure helps protect that organizer by offering a higher payout for more significant rainfall.<\/p>\n<p>\u201cRainSure offers our clients a new level of protection,\u201d Klaus said. \u201cIn covering outdoor events, it\u2019s known that the more rain that falls, the higher the losses. With RainSure, you can get coverage that recognizes that fact and pays out more as the amount of rain goes up.\u201d<\/p>\n<p>Rainfall amounts are measured through <a href=\"https:\/\/weatherworksinc.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">WeatherWorks<\/a>, an independent third party. With more than 20 years of experience measuring rainfall, their methods provide accurate, local rainfall measurements. Anything WeatherWorks measures above a \u201ctrace\u201d amount (.01 inch) triggers a payout on a RainSure policy.<\/p>\n<p>Like all of Vortex\u2019s parametric weather insurance policies, RainSure pays out once the thresholds are met. No inspection or proof of damage or loss needed. If the rainfall hits the policy thresholds, the policy holder receives a check.<\/p>\n<p>\u201cOne of the best things about parametric weather insurance is that it doesn\u2019t take long to get money into the policy-holder\u2019s hands, and RainSure is no exception,\u201d Klaus said. \u201cBecause the policy doesn\u2019t require proof of loss to pay out, it\u2019s a really simple process. Clients can \u2018RainSure\u2019 their outdoor events and receive a guaranteed claim for any measurable amount of rain.\u201d<\/p>\n<p>Learn <a href=\"https:\/\/vortexinsurance.com\/event-rain-insurance-quote-online\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">how it works and get a quote<\/a>, or read more about <a href=\"https:\/\/vortexinsurance.com\/rain-insurance-for-special-events\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">rain insurance for outdoor events<\/a>.<\/p>\n<h4 class=\"smallhead\"><b>About Vortex Weather Insurance <\/b><\/h4>\n<p>Vortex Weather Insurance (dba Vortex Insurance Agency, LLC) is a data-driven weather risk insurtech that offers businesses a variety of affordable parametric weather index insurance products, including commercial supplemental hurricane insurance. Since 2008, Vortex has provided insurance for outdoor events ranging from fairs and festivals, motorsports, youth sports, pickleball events, professional golf tournaments and golf clubs to outdoor theaters and concerts, haunted houses and holiday light events. Insurance is underwritten by Mitsui Sumitomo Insurance <span class=\"xn-location\">USA<\/span>, Inc. (MSU), admitted in all 50 states and has an AM Best rating of A+ (Superior). <i>Weather or not \u2026 Vortex it<\/i>. For more information, visit <a href=\"https:\/\/vortexinsurance.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">vortexinsurance.com<\/a>.<\/p>\n<p class=\"referencetext\"><i>SOURCE: Vortex Weather Insurance<\/i><\/p>\n<p> Tags: <a href=\"https:\/\/insurance-canada.ca\/tag\/flood\/\" rel=\"tag\">flood<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/industry-first\/\" rel=\"tag\">industry first<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/launch\/\" rel=\"tag\">launch<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/parametric-insurance\/\" rel=\"tag\">parametric insurance<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/storm-surge-damage\/\" rel=\"tag\">storm surge damage<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get paid for any measurable rain Paris, France (Aug. 14, 2025) \u2014 Vortex Weather Insurance is pleased to introduce RainSureSM, the latest addition to the company\u2019s line of parametric rain insurance products. RainSure differs&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/24016"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=24016"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/24016\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=24016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=24016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=24016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}