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
- A
Your bid: $50,000 cover at up to +4% over market price.
- B
Next auction clears every block; large bids fill across several capacity-capped rounds.
- C
Unused premium is refunded. You pay the clearing price, not your max.