Agents can immediately gain a competitive advantage when you understand which properties fit your insurers’ underwriting guidelines and which require more intensive review. Verisk’s Building Underwriting Report provides extensive information on the construction, occupancy, hazards, fire protection, and applicable wind exposure of any risk in the ProMetrix® commercial property database.
And it includes our Relative Hazard Percentile, which gives an objective score for individual risk selection.
The report provides the details you need to make accurate and cost-effective coverage recommendations. It can also help you share recommendations with your insurers and insureds for reducing hazards and improving protection deficiencies at a property, potentially resulting in better insurance rates and a building better able to withstand potential loss events.
The report includes a wind-specific information section for buildings in wind-prone areas, with data on enhanced Basic Group II (BG II) wind symbols, building construction, Building Code Effectiveness Grading Schedule (BCEGS®) scoring, roof and wall details, environment, exposure, and wind loss history. The information provides insight about potential damage that wind can cause to buildings and how to mitigate the exposure.
The ProMetrix database contains front, rear, and high-resolution aerial photographs, as well as diagrams for many of our 3.7 million listed buildings. The photos offer up-close and detailed views and the diagrams display room layout by floor with all dimensions to provide you with visibility into the building’s proximity to potential hazards. When you order a Building Underwriting Report, we include PhotoPak™, Relative Hazard Percentile, a Sprinkler Assessment Report for sprinklered risks, InfoUSA Business Reports for up to four occupants, and a Property Characteristics Report.