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
Reconstruction cost increases reach historic high
Total reconstruction costs surged at historic rates in the United States and Canada from October 2019 to October 2020 as lumber prices spiked.
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Rethinking Risk: How the pandemic has affected homeowners insurance (Infographic)
Ripples from the pandemic are reaching homeowners insurers as the new normal transforms the housing market in multiple ways.
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Recent integrations make OneXperience the leader in comprehensive virtual property inspection
OneXperience for personal and commercial lines can transform property inspection workflows with valuation tools, property characteristics, and aerial imagery.
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