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View Full Version : "Gambling" on the weather?


irrig8r
09-22-2008, 11:05 AM
You guys ever hear of www.weatherbill.com?

They won't call it insurance, and they won't call it gambling, put with it you basically are betting on "bad" weather and they are betting on "good" weather...

Would the payout of something like this when weather prevents you from working some years offset the cost you pay in good weather years, thereby evening out? Or does the "house" always win?

Bill S
09-22-2008, 12:35 PM
Casinos aren't built from too many winners...

Insurance companies HQ aren't built from too many winners...

They pay people hundreds of thousands of dollars per year to make sure the odds stay in their favor. When the odds are out of their favor it will be a prohibitive cost to buy...

A friend of mine was looking into this type of "insurance" as he is a farmer and a wet year ruins many a crop. Personally, I would stay away, but I am a gambler and I would bet that I could work through just about anything

INTEGRA Bespoke Lighting
09-22-2008, 12:54 PM
I took a good look at it but not sure it would be too helpful for our type of operations. The cost to guarantee a block of time like two weeks from things like storms or snowfall is just too high to make sense to me.

I often "gamble" against the snow at the end of the season... last year we "lost". I booked a $35K installation for the middle two weeks of November certain we could get the job in the ground before the snow flies... We just got started and on Nov. 14th 2.5 feet of snow falls and it doesnt melt... I was left holding the bag on that job until Late April with many many thousands of dollars of inventory in the shop. But that is the big exception to the late season rule.

This year my plan is to move ahead and pre-wire any late season intstallations, then even if the snow does come early again we can spend the nice warm days installing fixtures into a pre-installed wire grid. This should keep us running no matter what well into Mid December.

Have a great day.

David Gretzmier
09-22-2008, 06:38 PM
Ah, canada. the place where folks will work with 2.5 feet of snow IF the job is prewired. The most snow I have seen is probably 12 inches accumulation from 2 separate storms over 2 days. that stuff was crazy. but 2.5 FEET? I'm thinking cars, bushes, heck even some people disappear under that much stuff.

INTEGRA Bespoke Lighting
09-22-2008, 07:50 PM
Ah, canada. the place where folks will work with 2.5 feet of snow IF the job is prewired. The most snow I have seen is probably 12 inches accumulation from 2 separate storms over 2 days. that stuff was crazy. but 2.5 FEET? I'm thinking cars, bushes, heck even some people disappear under that much stuff.

:laugh: David, last year here in Port Sydney, we recieved a total snowfall of just over 18 Feet. This broke a record that stood since 1942.

And people wonder why I bail outa here for the month of February?

With all the rain we have received this past spring & summer (also breaking all time records) "they" are predicting that this winter will drop more snow then last. Hopefully this year it will hold off until Mid December or so as there is nothing worse then trying to secure a 32' Extenstion ladder into a landscape obscured by a couple of feet of snow!

Enjoy.

Lite4
09-23-2008, 11:11 AM
I installed a job last february where I had to shovel a foot of snow off of the route I had to bury my wires. At least the ground was well insulated with the snow.

INTEGRA Bespoke Lighting
09-24-2008, 03:17 AM
Tim I wish I had photos: I have actually used a propane fired "hot spotter" to melt snow and frost along the path for wires to be dug into the ground. It is a big propane torch that they use in asphalt road paving and roofing to heat the sealant / tar.

Quite silly really, but sometimes a man's gotta do what a man's gotta do. I hope I never have to do that again.