Why Might A Long Range Weather Forecast Be Useful To An Insurance Company?
a long range forecast can’t predict individual weather formations such as storms, but it can predict that a particular month may have a lot of snow, for example. This would warn the insurance companies in advance to prepare for a lot of claims due to injuries, car crashes etc. This forewarning may help them to put up premiums in advance, or put aside money ready for the claims that will come rolling in.