Insurance to Value
360Value
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.
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 levels.
Instant, reliable property valuations
Instant, reliable property valuations
For property underwriters, it can seem like the whole world is a moving target. 360Value is one of the only valuation tools using reconstruction costs based on over 20 years of actual insurance claims data, current and localized for the properties you want.
Five strategies for better replacement cost estimates
As a leader in replacement cost estimation for more than 20 years, Verisk recommends five strategies to help avoid outdated valuations that could leave insurers and their customers vulnerable in the event of a total loss.
Enhancing underwriting with holistic, current, claims-based data
Enhancing underwriting with holistic, current, claims-based data
Watch the on-demand webinars to learn about the latest advances in our reconstruction data:
Respond to a growing peril threat with current replacement data
As natural hazards grow in frequency and severity, so does the value of data ecosystems to deliver a comprehensive view of property risk, from address-level exposure to granular, up-to-date reconstruction cost estimates.
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.
Additional insights
Mild reconstruction cost rise signals stabilizing market
Total reconstruction costs increased 5.1% from October 2022 to 2023. This uptick follows the 4.3% increase from July 2022 to July 2023.
Read the article
Exploring a future look at reconstruction cost trends
To help insurers navigate the increasing complexity in the market, Verisk has developed the Market Expectations Index for 360Value.
Read the article
Maintain ITV in a volatile market with property-level insights
Insurers must explore changes affecting their risk portfolio and leverage component- and property-level insights to help them maintain ITV.
Read the article
