Insurance to Value
Data-driven ITV, from quote to renewal
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.
Align your coverage to claims
360Value® uses the building cost information in our claims loss estimation system, Xactimate®, providing highly reliable replacement cost estimates supported by recent claims loss experience.
Enhance your property underwriting with claims-based data
Enhance your property underwriting with claims-based data
Reconstruction costs have increased significantly during the pandemic, with the price of some materials, like lumber, rising persistently with growing demand. Watch this on demand webinar to learn how to improve your underwriting and provide customers with the right amount of coverage by using replacement-cost estimates based on actual claims data.
Prefill data that helps accelerate and improve property underwriting
Prefill data that helps accelerate and improve property underwriting
Data demands to support underwriting are growing and increasingly hard to manage. 360Value can give you easy access to trustworthy property and hazard information on insured risks.
Track the latest changes to 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/province levels for the U.S. and Canada.
Get reliable replacement cost estimates for every property in your book of business
Additional insights
Current cost estimates key to manage lumber’s ‘demand surge’
Property insurance underwriters relying on up-to-date cost data to cope with higher reconstruction estimates amid lumber's price volatility.
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The big build: How a rise in renovations may affect property insurance
People spending more time at home seemed to ultimately help many insurers, as loss frequency declined in 2020 year over year across several categories.
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Finding local replacement cost estimates is usually no laughing matter
The comic strip is part of our new Laugh Ratios series, highlighting Verisk’s 360Value solutions, which provide reliable replacement cost estimates.
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