Verisk uses advanced analytical models to provide data on more than 15 million commercial properties. With Building Fundamentals, you get a 100 percent fill rate for the five core attributes underwriters often rely on to help determine coverage and premiums.
Correlates with the combustibility of a building; classes range from Class 1 for wood frame structures to Class 6 fire resistive structures.
Helps develop a more accurate replacement cost estimate and informs underwriting guidelines.
Assists in determining if a building is likely to meet current building standards and provides clues to the state of major systems, including fire-protection.
Available public records data includes information about tax and market sale, location and site, and specific property characteristics.
Identifies the primary activities of a building’s occupants by Commercial Statistical Plan (CSP) code and other details.
Informs insurance premiums and coverage since it can be more difficult to fight fires in multistory buildings.
Includes commercial territory codes, crime, wind, Building Code Effectiveness Grading Schedule (BCEGS®), and Public Protection Classification (PPC®).
In the fast-paced commercial property insurance market, customers expect a speedy quote. Without robust prefill, an underwriter may rely on incomplete or even faulty information that can lead to premium leakage, underinsurance, and poor retention. ProMetrix provides a 100 percent fill rate for all five core property attributes. Make smarter decisions—faster—with the right data at your fingertips.
Provides detailed information collected on-site about construction, occupancy, hazards, fire protection, and exposure. Includes wind-specific and LOCATION data and a Relative Hazard Percentile that compares your subject risk against the average profile of similar structures in the ProMetrix state and countrywide databases.
Provides information gathered and verified by a field representative from an exterior survey of a building performed either on-site or virtually using high-resolution imagery and proprietary data. Includes LOCATION data, Relative Hazard Percentile, business information, and property characteristics.
Get accurate estimates of a sprinkler system’s ability to contain fire spread for the specific hazards of occupants in the building.Learn more
Get more reliable, component-based replacement cost estimates that account for virtually all material and labor required to rebuild with 360Value for commercial lines.
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