1 Amount2 Review & bid3 Confirmed

Review your cover

You are bidding into a continuous auction. Your bid fills at the market price plus up to your chosen premium.

What you are buying

Cat 3+ hurricane landfall - Miami-Dade

Pays out if wind >= 111 mph before Nov 30, 2026

Payout if it happens$50,000
Current probability12%
Cover windownow to Nov 30, 2026

How the auction fills your bid

  1. A

    Your bid: $50,000 cover at up to +4% over market price.

  2. B

    Next auction clears every block; large bids fill across several capacity-capped rounds.

  3. C

    Unused premium is refunded. You pay the clearing price, not your max.