Understanding undisclosed risks is vital to underwriting a commercial property accurately. Often, it’s unknown or incomplete information that proves costly. Past and future site-specific weather events, prior incidents that didn’t result in filed claims, potential risks from neighboring properties — all are risks you need to know about. Verisk’s Peril and Incident Report gives you the complete picture of a property’s risks, allowing you to set premiums more precisely or know which properties not to underwrite.
Verisk’s Peril and Incident Report provides data on unknown risks through verified property data and other sources, giving you information you can’t get anywhere else. You get a historical record for the six most recent years available of reported fire and gas emergency calls — and not just those that resulted in a filed claim. The incidents may suggest the presence of risks and a lack of precautions previously unknown to you that warrant additional examination.