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.
There are about 75 million properties in the US with roofs approaching the end of life1
$1.31B in annual premium leakage due to underestimated roof age2
50% increase in severe wind, thunderstorm, and hail events3
Discover the benefits of Roof Age
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.
Taking cover: Mastering the challenges of 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.
How old is that roof?
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.
Know your true roof exposure
Combining artificial intelligence and machine learning with leading data and analytics, Verisk provides key roof information for every property you insure.
Examine critical roof characteristics
Examine critical roof characteristics
Roofs can vary significantly by material and shape, and reconstruction costs of materials can fluctuate. Holistic views of roofs can help underwrite properties with precision.
Understanding evolving 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.
The New Science of Roof Risk, Powered by Imagery Analytics
The New Science of Roof Risk, Powered by Imagery Analytics
The growth of imagery analytics as a property underwriting tool accelerated through the pandemic is changing the future of risk assessment. Explore capabilities derived from our aerial imagery and roof analytics to help capture a comprehensive view of property risk.
Florida's market and regulatory forces are changing the profile of roof exposure for many insurers. Powerful data and analytics can help maintain a clear picture.
Complementary solutions
- Verisk Analysis
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