Excess soil moisture can impact businesses, causing financial and operational challenges. An excess of water saturation in soil can cause damage to crops or cause businesses like golf courses to shut down temporarily. Arbol's parametric insurance protects against revenue losses by offering customized coverage based on a business's specific needs.
Using ERA5 hourly volumetric soil data, our coverage makes insureds eligible for loss payments if cumulative soil moisture exceeds the pre-selected threshold for the specified number of days, helping manage financial risks associated with excess soil moisture.
Last year Corn Processor Inc. lost a large portion of their revenue due to moldy corn. During the drying stage excess soil moisture caused the plants roots to rot away reducing the corn yield.
