Underwriting Info | Personal
Understanding claims history is critical to accurate initial quoting, but to save money, many insurers delay ordering loss history data until just before bind. Verisk can deliver customizable loss history options at point of quote to help optimize expenses.
Speed to market with accurate pricing is vital. You need to underwrite and quote coverage fast, or you’ll lose out to the competition. The loss cost, rating, and risk selection information available through our ProMetrix® suite of services lets you price policies accurately and get quotes to customers quickly.
The Verisk Wildfire Risk Analysis determined the number and percentage of households at high or extreme risk from wildfire in the 13 most wildfire-prone states. To see complete reports, just fill out the form.
Changes to rebuilding costs and properties you insure will affect replacement costs. To verify accurate property information and keep pace with replacement costs, Verisk offers tools to help keep insurance to value (ITV) current throughout the life of the policy.
Verisk offers Public Protection Classification (PPC) Service to help you assess fire protection capabilities at the point of sale and for policy renewals. PPC Service provides the applicable PPC code, fire protection area, driving distance of the nearest responding fire station, water supply, and additional information for any address in...
To estimate underwriting risks accurately and calculate suitable premiums, you need complete information on all potential drivers within each policyholder household. Maintaining an accurate assessment is challenging, but our Policy Monitoring program can help.
ISO DataCube™ provides aggregate premium & loss experience data, on a granular level, to help you make important decisions about your portfolio.
Reliable replacement cost estimates are essential to protect customers. These customers are beginning to demand a new way of doing business that puts the estimation process in their hands. 360Value helps property insurers meet evolving customer expectations, while maintaining rating integrity.
Determining the proper premiums for personal auto policies can be tricky business, especially for collision and comprehensive coverages. But it doesn't have to be. With ISO's VINMASTER and your software, you can quickly and easily identify an automobile's current ISO Vehicle Series Rating Symbol without knowing its vehicle identification number (VIN)....
ISO’s Personal Auto Physical Damage Rating Symbols are codes that indicate the relative risk of loss for each private passenger vehicle series and each model year. Each Symbol has a corresponding Symbol relativity, or factor, that you can use to develop premiums for individual comprehensive and collision policies. Like all...
If your business demands accurate information on the characteristics of specific properties of any type — whether residential or commercial — and their surrounding communities, you need ISO.
You can cut your operating costs overnight with ISO's new customized services for collecting and delivering site-specific risk information. ISO now performs a wide range of tasks — such as looking up loss-cost quotes or a risk's distance to water — and delivers the information directly to you.