Skip to Main Content

Striving for ITV alignment

Five strategies for better replacement cost estimates

Like the structures they cover, property insurance policies, in general, tend to be strongest when built on a solid foundation, and a key component is the initial reconstruction cost estimate (RCE). Done properly, it can help support dependable insurance-to-value (ITV), which can inform suitable policy limits and reliable quoting. That can be good for insurers and policyholders.

As a leader in replacement cost estimation for more than 20 years, fueled by a strong connection to claims-based data, Verisk recommends five strategies to help avoid outdated valuations that could leave insurers and their customers vulnerable in the event of a total loss.

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.

You will soon be redirected to the 3E website. If the page has not redirected, please visit the 3E site here. Please visit our newsroom to learn more about this agreement: Verisk Announces Sale of 3E Business to New Mountain Capital.