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From Guesswork to Reality

Aligning Replacement Cost Estimates and Claims

Verisk regularly compares valuations for specific structures, produced by our replacement cost-estimating platform 360Value®, to actual reconstruction estimates written by claims and construction professionals.

 This report documents the results from our ongoing comparison of replacement cost valuations to total loss claim estimates using a multistep process.

 Thousands of claims ranging in amount from all 50 states were used in the analysis.

Download the report to learn more

Download the report

Amid record-breaking increases in reconstruction costs and growing inflationary pressures, 360Value can deliver a review of your book of business.

Ensuring insurance to value (ITV)—from new business to renewal—is good for you and your policyholders: They’re better protected in the event of a total loss, and you collect premiums appropriate to the risk.

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