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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

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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