Underwriters need reliable data, but distributors and customers want things fast. How do you meet expectations and still shield your business from the effects of poor data?
Reliable replacement cost estimates require current, detailed, and localized reconstruction cost data collected and validated through real-world claims experience. 360Value® Commercial provides dependable, claims-driven, component-based estimates that account for virtually all material and labour required to rebuild.
Reconstruction costs can change over time and at different rates by geography, down to a very localized level. Each quarter, Verisk’s reconstruction cost data reports provide reconstruction cost trends at the national and state/provincial levels for the U.S. and Canada.
Learn more about Verisk’s InsurTech solution that enables digital engagement between policyholders and their insurers during a critical underwriting step: the home inspection.
Verisk offers online interfaces designed with the customer in mind, helping you increase collaboration with homeowners to enhance the customer experience.