Underwriting and Rating
How well do you understand the risks in your book of business?
Careful risk selection, pinpoint pricing, and strong safeguards against fraud and premium leakage depend on an ecosystem of precise personal auto underwriting and rating tools that can improve rate integrity at the source.
Fight underwriting fraud and improve rate integrity
Fight underwriting fraud and improve rate integrity
Are your applicants telling the truth? Take on premium leakage and underwriting fraud with data-driven insights across the policy life cycle.
Identify gaps in details of coverage
Identify gaps in details of coverage
Make better risk selection and pricing decisions with quick access to policy-level information on existing and previous coverages.
Examine critical driver data
Use the right tools to help uncover critical driver details: violations, loss history, and undisclosed drivers on a policy. And let credit-based scoring help you complete the risk profile.
Pull ahead of the competition
Understanding claims history is critical to accurate initial quoting, but to save money, many insurers delay ordering loss history data until just before bind.
Get the tools you need
You can use cost-efficient tools to gain the knowledge you need to make a confident call at point of sale or renewal.
Estimate underwriting risks accurately
Pricing on auto policies is only as accurate as the information on who drives the insured vehicle.
Violation and accident risk trends are shifting fast
Violation and accident risk trends are shifting fast
Learn about innovative use cases to confront driver risk with Verisk's new Public Records Intelligence™.
Give credit where credit is due
Give credit where credit is due
Shift your growth and profitability trends while providing a balanced framework in which to evaluate today’s more virtual consumer.
A vehicle is more than the sum of its parts
A vehicle is more than the sum of its parts
Vehicles of the same year, make, model, and trim level can age differently over a lifetime of use. Auto History Score can provide a clearer picture of a vehicle's past.
Enhance customer satisfaction with mileage-based rating
Enhance customer satisfaction with mileage-based rating
Leverage the strong link between mileage and insurance claims to strengthen your underwriting and rating.
Learn more about the vehicle you’re about to insure
Know the vehicles you insure, inside and out, with tools that help you achieve the refined segmentation needed for today’s competitive personal auto market.
Drill down to the details on each vehicle
Knowing each vehicle you insure in granular detail is critical in today’s competitive personal auto market for underwriting, rating, and claims adjusting.
Get the symbol without the VIN
Quickly and easily identify an automobile's current ISO Vehicle Series Rating Symbol without knowing its vehicle identification number (VIN).
Enhance rating accuracy
ISO Symbols are codes that indicate the relative risk of loss for each private passenger vehicle series and each model year.
Discover critical vehicle data
To calculate suitable premiums for automobile risks, you need complete and accurate information about the vehicles that your policyholders drive.
Map premium leakage related to garaging discrepancies
Map premium leakage related to garaging discrepancies
Examine where your insured vehicles spend most of their time, using actual sightings to verify garaging addresses and commuting mileage.