An experienced field representative is the driving force behind the Property Details Report. Verisk performs an exterior-only, on-site building survey or a virtual survey empowered by high-resolution imagery and proprietary data to empower more refined commercial property underwriting.
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.
Includes commercial territory codes, crime, wind, Building Code Effectiveness Grading Schedule (BCEGS®), and Public Protection Classification (PPC®).
Captured on-site by a field representative of a building’s exterior.
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.
Uses an objective engineering formula to evaluate a building’s construction, occupancy, protection, and exposure risks relative to state and national averages.
Available public records data includes information about tax and market sale, location and site, and specific property characteristics.
When you need reliable property data quickly, Verisk can deliver a virtual Property Details Report in three business days or less.
An expert Verisk field representative performs an on-demand virtual survey using advanced digital data-gathering technology to remotely collect and validate risk information. Get the trusted data you expect from ProMetrix®—faster.
Verisk is providing additional detail on when and how we verify and update data in our ProMetrix commercial property reports.
Hear Chris Palermo, senior product manager of commercial underwriting, share the benefits of pairing high-tech underwriting tools with on-site expertise to refresh data more often.
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 five core property attributes—ISO Construction Class, year built, number of stories, square footage, and primary building use—gathered and verified using advanced analytical models. Includes LOCATION data, 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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