Parametric Insurance

Pays a fixed amount when a measurable trigger is hit (a hurricane category, an earthquake magnitude) — no adjuster, fast payout.

This is a friendly general explanation, not legal or policy language. Exact coverage depends on your policy, carrier, and state. 🤝

Written and reviewed by the We Insure Things team — licensed independent insurance agents. Last reviewed July 23, 2026. Questions? Ask a licensed agent.