XactContents helps contents claims adjusters and contents replacement service providers estimate personal property claims faster and more precisely.
With millions of vendor-specific items, tens of thousands of discontinued items, and thousands of general quote items, the XactContents database provides direct access to major retailers through the U.S. and Canada, from which replacement products can be directly ordered.
XactContents gives you access to the largest contents database so you can create precise personal property item estimates more efficiently. Read how a top 20 carrier reduced their cycle time by half, reduced outside vendor costs by 97%, and increased productivity by 34 percent.
With like kind and quality items easily searchable within the XactContents database, you’ll keep outside vendor costs down while quickly building and estimating contents inventories in-house, improving cycle times.
1. Multi-object recognition
Identify multiple contents items simply by moving your camera around a room. Tap on the objects your camera identifies to add items to your estimate. Learn more
2. Suggested items for contents
Using the loss location, type of loss, and room type, we can now suggest contents items without the need for a manual search. Just like our structural suggestion engine, we gather real-time results allowing us to return even more relevant suggestions over time.
3. Enter line items quicker than ever before
Adding line items fast is easy with the XactContents Quick Entry tool. Enter items and search at the same time. And quickly add general quote items on the fly. The interface increases your speed of entry by keeping the essential workflow tied to the keyboard.
Powered by Verisk’s Pricing Data Research, XactContents brings you continuous, up-to-date, and reliable pricing information for personal property items, saving you time on research and comparison-shopping on your own.
Each XactContents line item contains life-expectancy information. Calculate depreciation automatically by entering the item's age and use factor.
XactContents is feature-rich contents estimating software designed to help you increase productivity and reduce outside vendor costs.
The integrated web search allows you to search multiple sources at once, including the XactContents database, the contents general quote items, and internet sources such as Amazon.com, Google, Nextag, and many national retailers.
Inventory lists can be imported from an Excel spreadsheet. This means the insured can fill out key information such as item make, model, description, age, estimated cost to replace, and so on. Using an inventory list provides an excellent way for a claim rep or estimator to build the large loss inventory quickly.
Search by product manufacturer and the item's model number, brand name, or description. XactContents helps you immediately find the item you need. After finding the correct items, users can automatically generate an email with links for all vendor items included in the estimate and send it to the insured for review or for them to go and purchase the added items.
When XactContents finds an item that has been discontinued, it automatically shows you current items that are of like kind and quality. XactContents currently provides like-kind-and-quality replacements for tens of thousands of items.
Use the payment tracker to manage recoverable depreciation and track ACV and deferred payments.
Using our graphical search option, you can click on graphics for specific rooms in a home to find the items you need. After clicking the image, simply drill down and filter the list of results to the contents items you want added to your estimate.
Managing the personal property claim is not the only benefit to using XactContents. XactContents provides direct access to major retailers throughout the U.S. and Canada, from which replacement products can be directly ordered. From within XactContents, users can search a weekly updated database of millions of personal property items from our affiliate network partners. When connected to the web, direct searching of products through several other major retail Internet sources also becomes available. Property replacement is as simple as clicking on the "purchase" link next to each item where orders are placed directly with each of these major retailers.
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Handle structural claims with Xactimate but add the XactContents module to build personal property inventories and price contents items.
Skip the duplicate entry and send personal contents replacement inventories straight to XactContents from the premier pack-out and pack-back management solution.