Sola Insurance

The company's business model is based on using data from the National Weather Service to assess the extent of tornado damage and determine the eligibility and amount of payout for its clients. The payout is based on the Enhanced Fujita (EF) scale, a system used to rate the intensity of tornadoes based on the damage they cause. This means that the higher the EF level at a client's property, the higher the payout they receive.

Sola Insurance's revenue is generated from the premiums paid by its policyholders. The company prides itself on its fast and reliable payouts, proactive payments based on National Weather Service data, and a streamlined claims process with clear visibility at each step.

The company's offerings are designed to fill the gap left by traditional insurance policies, which may not provide full financial protection after a tornado. By minimizing out-of-pocket expenses, Sola Insurance helps its clients recover faster after a disaster.