Home Insurance is in a difficult spot, especially after a natural disaster runs through a community. On top of that, fraudulent claims are rampant, driving up premiums and deductibles for everyone. At Sola, we believe homeowners deserve reliable protection from these weather-related events. That’s why Sola leverages data to show us where these events occurred and what their intensity was.Overview
Our vision is to own every step of the recovery process, delivering a
seamless, stress-free experience for customers by using objective data to
deliver payouts rather than relying on the traditional subjective claims
process.
Sola is a wind and hail solution designed to deliver quick, dependable payouts without impacting a homeowner’s existing insurance policy. Our innovative coverage fills critical gaps that traditional insurance often overlooks, giving customers peace of mind when they need it most. Our policy is designed to address three major challenges homeowners face after a storm:Why Sola?
- Covering Out-of-Pocket Costs We help homeowners manage expenses like deductibles and repairs with coverage limits of $2,000 to $25,000, ensuring financial stress doesn’t follow a storm.
- Filling Coverage Gaps In situations where policies only cover Actual Cash Value (ACV) roofs, SOLA steps up. We don’t penalize for roof age or material, and we’ve helped thousands of homeowners secure mortgages and refinances by bridging these gaps.
- Simplifying Payouts With SOLA, clients don’t need to file a home insurance claim to receive payment. Our payouts aren’t reported to CLUE, never appear on a claims history, and will never cause a premium increase or non-renewal. It’s protection made simple and stress-free.
The Bison
Sola sees itself like the American Bison in the insurance industry landscape. Instead of pulling back from the challenges of wind/hail coverage, we are using data to provide reliable, affordable insurance.
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