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Pricing Data Services: Independently Researched and Rigorously Localised

A current, local pricing database

Localized Pricing Database

A current, local pricing database

We research and report on pricing data from a variety of sources to ensure that no one party or industry has any undue influence on the pricing data we provide. Our Pricing Data Service Team reports cost information based on actual prices and transactions (completed bids) that have occurred recently in your area.

Our pricing sources include:

  • Restoration and repair contractors
  • Contractors
  • Insurance adjusters
  • Insurance companies
  • Market surveys
  • Retailers
  • Subcontractors
  • Suppliers

Our research methodology

We rigorously collect, carefully analyse, and consistently share the results of our materials and labour pricing research.

We analyse thousands of market price points each year from multiple, third-party sources.

  • Hundreds of in-field estimates submitted through Verisk every day (i.e., estimates used to settle claims)
  • Market surveys of industry professionals
  • Retail pricing research
  • Pricing feedback from in-field users
  • Customer-specific cost data
  • Additional research surveys
  • Multiple third party source for data, such as national insurance, UK taxes and employer burdens

All collected market research is organised so that data integrity checks can be conducted.

We perform proprietary cluster analysis on various subsets of gathered research to identify the mid-range market price points. This proprietary process was designed by Brigham Young University PhDs.

Market research results are published and made available to the public.

Verisk’s building cost data

Time And Materials

Time and materials costs

  • More than 5,000 providers of materials, equipment, and labour
  • More than 50,000 survey points each year

Analysis of actual damage repair estimates

  • Hundreds of providers of material equipment and labour
  • More than 5,000 survey points per year

Direct surveys of construction markets

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Our goal? Report on cost information reflective of actual market prices

Report On Cost

Our goal? Report on cost information reflective of actual market prices

Reliable, consistent pricing unifies the industry and keeps everyone on the same page.

Verisk’s pricing data:

  • Is researched and published quarterly in the United Kingdom
  • Reduces the time it takes to research and negotiate pricing for individual items
  • Maintains objectivity through independent research and validation
  • Breaks down material and labour costs into detailed components

We research and report on structural repair and cleaning cost information for 11 regions across the UK and Ireland.

How to submit pricing data feedback

Customer feedback and pricing recommendations are a crucial part of our annual pricing research. Your insights into local material and labour pricing are invaluable.

  • Information from estimates that are returned to XactAnalysis is automatically included in our pricing database.
  • Submit data from estimates not run through XactAnalysis with the built-in feedback utility.
  • For Xactimate, select Tools and under Services click Feedback.
  • The feedback utility only collects information from completed estimates.

Verisk pricing data powers the ecosystem

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Xactimate + Pricing Data Services

The most powerful and comprehensive solution for property claims estimating.

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Add personal contents estimating to your toolkit.

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ContentsTrack + Pricing Data Services

Use the camera on your phone to digitally build, price, and track your entire inventory.

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Contact Us to Learn More

Other Ways to Connect

For product information or pricing our sales team is available Monday through Friday, 8 a.m. - 5 p.m. GMT (except Bank Holidays, Christmas Day and New Year’s Day).

  • Sales: +44207 680 4970 option 3

For service or support:
Free live chat (via the eService Centre) is available 24/7 (except Bank Holidays, Christmas Day and New Year’s Day) to assist customers in real time.

Phone support is open 8:30 a.m. to 5 p.m. UK time, Monday – Friday.

  • Support: +44207 680 4970 option 1