While you may not immediately consider it necessary data, climate data can be very useful for insurance underwriting, retail merchandising, and real estate. AGS offers a general Climate database, which consists of four types of weather-based indexes, including temperature, precipitation, degree days and air quality, as well as various risk based climate databases, including WeatherRisk, QuakeRisk, and WildfireRisk, with more risk based climate databases coming in the spring release.

WeatherRisk includes four separate types of hazards: hurricanes, tornadoes, hail, and damaging winds. Each of these exhibit distinctive geographic patterns – both in terms of frequency and intensity.

QuakeRisk can often provide some surprising insights in areas outside of the well-known seismic zones of the far western states.

Wildfires are an annual major risk in most areas of the western United States, and while large fires often burn in the rugged and generally unpopulated mountainous areas, the combination of dry conditions, heat, and winds can often lead to major disasters along what is known as the wildland-urban interface. For automated merchandising systems, the climate data (average January, July, and annual temperatures, rainfall, and snowfall) can help to avoid costly stocking errors. The heating and cooling degree days can assist in determining demand for heating and cooling equipment, for example. Finally, there are a number of air quality measures which can be important to individuals contemplating relocation, among others.

Last week, we showed off a new climate database coming this spring, Costal Storm Surge Risk. Be on the lookout in the next week for sneak peeks on an additional new climate database that will be released this spring with the 2021A release.