Preparing for a Billion-Dollar Hail Storm
Billion-dollar hail events are on the rise. Data from the National Centers for Environmental Information (NCEI) reflect five such events in 2017 and three in 2018. Hail storms can cause catastrophic damage to self-storage facilities. For property owners in areas prone to hail storms, this is an expected, if decidedly unwelcome, potential peril. However, the pattern of these storms has been changing over recent years, becoming more frequent and more severe. It appears that this trend may now be the "new normal."