Personal Auto

We offer a full range of products and services for personal auto insurers, including tools for underwriting and rating, fighting fraud, catastrophe management, telematics, application prefill, policy programs, and predictive analytics. Our actuarial, underwriting, and consulting services help you manage risk, reduce policy acquisition costs, improve rate classification integrity, and support your growth and retention strategies.

We provide loss histories to help you properly underwrite auto policies and estimate the level of risk — and determine what it’s likely to cost your company to issue a policy based on an applicant’s history of prior losses. Our personal auto policy-level information helps you verify coverage representations on the application and support market pricing and segmentation. You’ll also get coverage lapse and policy detail information.

Our motor vehicle reports (MVRs) give you information about traffic violations and accidents for your potential insureds — the timely and comprehensive information you need for effective auto underwriting. We offer a program that lets you monitor policyholder driving records for changes. And we offer a system to help you identify policyholder error or fraud at point of sale or point of quote.

Our mobile app helps add pricing accuracy, streamline the underwriting process, and identify fraud. Consumers and agents can use the application to conduct physical inspections and provide document images. Our claims management and fraud tools help you manage the auto claims process, and our compliance and reporting tools help you satisfy auto reporting requirements. Our suite of predictive modeling tools helps you classify, segment, and price your personal auto risks.

Jim Levendusky, strategic marketing manager for Verisk Telematics, explains why collecting driver feedback is critical to any telematics program.

Products and Services

VINMASTER | The ISO Symbol without the VIN Determining the proper premiums for personal auto policies can be tricky business, especially for collision and comprehensive coverages. But it doesn't have to be. With Verisk’s VINMASTER® and your software, you can quickly and easily identify an automobile's current ISO Vehicle Series Rating Symbol without knowing its…
Custom Research Evaluate Strategy, Markets and Business Directions There are times when you need very specific research to evaluate a strategy, market, or new business direction. When you don't have the resources available on staff, ISO can help by gathering, evaluating, and reporting on trends and developments in the marketplace — and gauging their effects…
RISK:check Renewal - Rating Integrity for Renewal Policies RISK:check® Renewal is a sophisticated system that can help you uncover flaws in rating data quickly and efficiently. It helps you correct costly errors and restore profitability to your auto book of business. How does it work? RISK:check Renewal uses Verisk’s sophisticated data analytics to compare individual…
RISK:Check Point of Sale - Fight Underwriting Fraud and Promote Premium Accuracy for New Business — with Virtually Zero IT Impact The best way to detect fraud is to integrate a screening model into your point-of-sale process – when you have the opportunity to take action that will improve your bottom line. Verisk's RISK:check® Point…
ISO Risk Analyzer Personal Auto The ISO Risk Analyzer® suite of predictive modeling tools offers robust modules to help you classify, segment, and price your personal auto insurance risks with confidence. The modules provide output you can use as stand-alone analytics or as an enhancement to your current modeling solution.…
ISO Data and Statistical Services ISO maintains one of the largest private databases in the world. Each year, insurers send us some 2 billion detailed records of insurance premiums collected and losses paid. At any one time, our computers store more than 10.6 billion records. ISO's professional staff members analyze insurer data and turn it into meaningful information. We use our statistical expertise to serve insurers, regulators, and other organizations…
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