360Value | Blog Articles

4/30/2025 - 3 min read

Quarterly Reconstruction Cost Growth Rate Remains Modest for Now

Total reconstruction costs in the United States, including materials and retail labor, increased by 5.2% from April 2024 to April 2025, up from April 2023 to April 2024 (4.6%).

2/11/2025 - 2 min read

Quarterly Reconstruction Cost Growth Rate Flattens

Read the latest 360Value Quarterly Reconstruction Cost Analysis for more information on this quarter’s performance.

12/3/2024 - 3 min read

Elevating Commercial Underwriting: A Strategic Perspective

Verisk offers an ecosystem of underwriting solutions that provides reliable, comprehensive, and integrated solutions designed to mitigate risk

10/29/2024 - 2 min read

Quarterly Reconstruction Cost Growth Slows as Lumber Declines

Total reconstruction costs, including materials and retail labor, continue to increase nationwide.

8/12/2024 - 2 min read

Quarterly Reconstruction Cost Growth Accelerates

Total reconstruction costs, including materials and retail labor, continue to increase nationwide.

5/7/2024 - 2 min read

Quarterly Reconstruction Costs Continue to Stabilize

Verisk releases new quarterly reconstruction costs report for Q2 2024.

1/30/2024 - 2 min read

Quarterly Reconstruction Costs Stabilize as Inflation Recedes

Verisk releases new quarterly reconstruction costs report for Q1 2024.

10/13/2023 - 3 min read

Mild Reconstruction Cost Rise Signals Stabilizing Market

Total reconstruction costs increased 5.1% from October 2022 to 2023. This uptick follows the 4.3% increase from July 2022 to July 2023.

9/26/2023 - 2 min read

Exploring a future look at reconstruction cost trends

To help insurers navigate the increasing complexity in the market, Verisk has developed the Market Expectations Index for 360Value.

8/28/2023 - 4 min read

Maintain ITV in a volatile market with property-level insights

Insurers must explore changes affecting their risk portfolio and leverage component- and property-level insights to help them maintain ITV.

8/15/2023 - 1 min read

Smarter and faster: Prefill data to help accelerate workflows

Current and curated data about a structure’s age, square footage, and use are the backbone of reliable reconstruction cost estimates (RCEs).

7/13/2023 - 3 min read

Quarterly reconstruction cost increases continue to steady

Total reconstruction costs increased 4.3% from July 2022 to July 2023. This uptick follows the 3.1% increase from April 2022 to April 2023.

6/20/2023 - 3 min read

Reconstruction costs vs. market value: the hidden coverage crisis

Market value and reconstruction cost estimates are unique measures subject to different forces; only RCEs should be used for coverage.

5/4/2023 - 2 min read

What happens after catastrophes? Protection in a time of loss

Despite mitigation measures, natural hazards may still cause damage, and insurers need actionable data to guide underwriting and pricing.

5/4/2023 - 3 min read

How insurtech can better determine sufficient contents coverage

From estimating to calculating: Predictive modeling and machine learning remove the guesswork from evaluations.