Personal Property Underwriting

Smart decisions start with the right information

With growing complexity in personal property risk and rising customer expectations, how do insurers achieve sound underwriting and pricing at a competitive pace?

Answers are within reach with deep data resources, powerful analytics, and fast delivery via InsurTech platforms from Verisk.

Replacement cost estimates grounded in actual claims experience

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Replacement cost estimates grounded in actual claims experience

Reliable replacement cost estimates require current, detailed, and localized reconstruction cost data collected and validated through real-world claims experience. 360Value® reconstruction cost data is compiled through extensive research, direct data feeds, claims analyses, and communication with 92,000 claims and building contractors.

High-quality, detailed property data

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High-quality, detailed property data

A fast and accurate quote is essential for effective customer service. This starts with the prefill of detailed and reliable property information. 360Value residential provides high-quality, detailed prefill for properties, including multiple proprietary data sources—including datasets only available from Verisk.

Track the latest changes to reconstruction costs

Reconstruction Costs

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.

See the Latest Figures

Easily identify and verify critical risk characteristics

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Easily identify and verify critical risk characteristics

Learn more about Verisk’s InsurTech solution that enables digital engagement between policyholders and their insurers during a critical underwriting step: the home inspection.

Integrating into your underwriting workflow

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Integrating into your underwriting workflow

Verisk offers online interfaces designed with the customer in mind, helping you increase collaboration with homeowners to enhance the customer experience.

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