Overview

Sola Insurance provides tornado-damage coverage for property owners through the Tornado Crisis Policy, which covers up to $15,000 in out-of-pocket costs (such as deductibles) incurred due to tornado damage. The policy uses National Weather Service data to assess damage and determine eligibility and payout amounts, with payouts based on the Enhanced Fujita (EF) scale—the higher the EF level at a property, the higher the payout. Revenue comes from policy premiums. The company emphasizes fast, proactive payouts and a streamlined, transparent claims process. It differentiates itself by offering data-driven, EF-scale-based payouts that directly reduce clients’ deductible costs, addressing gaps left by traditional insurance. Its goal is to help clients recover faster after a disaster by providing clear financial protection and quick, predictable payments.