Commercial Property Surveys and Inspections
We go on-site so you don't have to
We go on-site so you don't have to
Verisk’s Survey Services include verified and validated property and liability risk-assessments and provide high-quality information gathered by our field representatives on conditions and hazards at any property in the United States.
Better than the industry results
Verisk customer research revealed that insurers who use our surveys average 1 point better than the industry in general expense ratio (GER)—that’s a 1 percent increase in premium. Small insurer GERs were an average of 2 points better. Read the report to learn more.
Grow your business
Grow your business
There are two primary ways to grow your business: Add new profitable customers or maximize profits on existing customers. Either way, insurers who want to be successful need up-to-date, reliable comprehensive data on commercial properties, both for initial coverage and to maintain insurance to value (ITV) for the life of the policy.
Granular, site-verified information
Granular, site-verified information
Verisk surveys provide the granular, site-verified risk characteristics and exposure data you need to price a policy or verify changes to property conditions to set proper premiums at renewal. Verisk survey services are the answer for cost-effective, expert results.
Coverage-based insurance surveys
Multiline Survey for Package-Policy Risks
Multiline Survey for Package-Policy Risks
Verisk's Multiline Survey—designed for package-policy risks—gives you information and commentary about several coverages and exposures. When you order a Multiline Survey about a commercial risk, a Verisk field representative collect the information you need about conditions and hazards.
You get underwriting details for:
- Commercial property characteristics and loss exposures
- Insured business information and description of operations
- Commercial general liability
- Special hazards or operations at the property
Our field representatives also develop useful recommendations and alert you to potential high-risk exposures along with unlimited photographs.
Commercial Property Surveys for Rating
Commercial Property Surveys for Rating
Verified info about construction, hazards, and fire protection. Verisk field representatives conduct commercial property surveys for rating. The surveys use our Specific Commercial Property Evaluation Schedule (SCOPES) to assure the consistent evaluation and analysis of hazards for every property. In states where we provide such surveys, we filed the schedule with state insurance regulators.
SCOPES provides many unique features:
- A nationally recognized method of evaluating potential losses through the interaction of key variables, such as construction, property hazards, private and public protection features, and details about the occupancies existing at the property
- Use of nationally recognized standards — such as those of the National Fire Protection Association — and product listings of recognized testing organizations such as UL
- Up-to-date industry loss experience
Our surveys assist property insurers in many ways, including:
- Determining the fire and wind loss potential for specific commercial buildings
- Evaluating internal fire protection systems, such as automatic sprinkler systems and fire alarms
- Identifying hazards to help insurers lower risks of loss to insured property
The advantage of robust data
The advantage of robust data
- Expanding ProMetrix database collected by experienced field service reps using both onsite and virtual surveys
- Advanced computer modeling delivers property-specific details for commercial properties in the United States
- 100% fill rate on five core underwriting attributes (ISO construction class, year built, number of stories, square footage, and primary building use)
- Reliable, component-based replacement cost estimates based on actual claims data
Three common mistakes inspectors make when classifying commercial buildings
Three common mistakes inspectors make when classifying commercial buildings
Learn the mistakes commercial property inspectors make when evaluating buildings for an ISO Construction Class.
Trust results from the right team
Trust results from the right team
For quality results, surveys should be performed by experienced field analysts backed by a superior data and analytics company. Our team of field analysts averages nearly 12 years’ experience per person and holds many accreditations. This national network of on-staff analysts performs about 350,000 on-site and 5,000 community hazard mitigation surveys annually.
Get immediate alerts for high risks
Get immediate alerts for high risks
Verisk surveys feature our High-Risk Notification Service at no extra charge. If a survey uncovers hazards or conditions that present immediate potential for loss, the field analyst will call the underwriter at once. You'll also get a more detailed follow-up email with photographs.
Additional insights
Property data on-demand: Leveraging technology and field expertise
When you need reliable property data quickly, Verisk delivers a Virtual Property Details Report in three business days or less.
Read the article
Mastering the many aspects of roof condition with multisource data
Homeowners insurers may struggle to capture roof condition, but imagery analytics can help assess risk and opportunities for mitigation.
Read the article
Capturing the flavors of roof risk with reliable data
Multiple homeowners insurers sought solutions to challenges around roof risk, and Verisk has created case studies to follow their journeys.
Read the article