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Roof Age

Capture a critical risk factor with confidence

Unmatched data coverage and reliability

Verisk combines permit insights, assessor records, and an array of other data elements to assess the age of a structure’s roof using our deep industry experience and advanced data science.

75 Million Icon

There are about 75 million properties in the US with roofs approaching the end of life1

Over 1 Billion Icon

$1.31B in annual premium leakage due to underestimated roof age2

50 Percent Wind Icon

50% increase in severe wind, thunderstorm, and hail events3

Taking cover: Mastering the challenges of roof risk

Roof Risk

The cost and structural complexity of a roof, coupled with its critical role as protection from the elements, can raise particular concerns for many property insurance underwriters. Verisk estimates U.S. roof claims exceeded $19 billion just in 2021, making up about 30 percent of all property loss dollars.

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Discover the benefits of Roof Age

Townhouses

Discover the benefits of Roof Age

Refine risk selection and segmentation, accelerate quote to bind, prioritize use of inspection resources, improve renewal strategy, and fine-tune catastrophe model outputs.

Verisk’s Roof Solutions: A Comprehensive View of Roof Risk

More Precise Imaging

Verisk’s Roof Solutions: A Comprehensive View of Roof Risk

Validating roof age is a long-standing challenge for many home insurers. In our recent webinar, we explored the challenges of roof assessment and how Verisk’s roof solutions can enable insurers to accelerate underwriting and more insights to assess risk.

How old is that roof?

Roof Damage

How old is that roof?

Validating roof age is an ongoing challenge for many homeowners insurers that demands a range of reliable sources to verify age, condition, and characteristics.

Understanding evolving hail risk

Understanding Hail Risk

This report reviews and summarizes U.S. hail activity in 2021, including breakdowns of severe events and the most active states and counties. You’ll also learn about the impacts of hail activity in new regions, the possible near-term effects of climate change, and how increased hail activity may affect roof replacement.

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Contact Us to Learn More

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  1. Verisk Analysis
  2. Ibid.
  3. Ibid.

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