Homeowners Underwriting

The truest test of an ITV solution is how it performs with actual losses, which can yield critical data to validate and calibrate RCEs.

Total reconstruction costs, including materials and labor, increased 6.8% from January 2022 to January 2023, a drop from the last quarter.

Verisk data shows the cost to rebuild a property is still more than 11 percent higher, on average, than it was pre-pandemic.

Verisk’s Climate Change Projections help organizations investigate how loss metrics such as average annual losses (AALs) and return period may change in the future.

Total reconstruction costs, including materials and retail labor, increased by 9.3% from October 2021 to October 2022.

Florida’s statutory environment surrounding coverage for roofs may demand more robust data to clarify risk amid increasing complexity.

A report on the state of homeowners insurance through the unique prism of Verisk’s expert analysis and proprietary data.

Billions of trees on residential properties are a challenge to homeowners insurers, but aerial imagery and analytics can help underwriters.

Knowing when a property has been updated is critical, as these changes can add new liability risks and insurance-to-value considerations.

Property insurers can move to simplify quoting workflows in a digital-first strategy with fast, reliable reconstruction cost estimates.

Gain insights into the 2022 wildfire season in the United States and learn how early snow melts contribute to greater wildfire risk.

California may implement new wildfire rating regulations that could impact personal and commercial property insurers.

Homeowners insurers may struggle to capture roof condition, but imagery analytics can help assess risk and opportunities for mitigation.

In our newest wildfire report, we take the measure of another year of record-setting wildfires

Hail is spreading out into new regions of the country that aren’t traditionally exposed to hail risk.