Verisk Sinkhole Service assesses risk in FloridaBy Visualize Editor | April 1, 2013
Sinkholes are one of the costliest perils for Florida insurers. The frequency and severity of sinkhole claims can seriously affect your bottom line. Verisk's LOCATION® Sinkhole Service — launched March 18 — gives you accurate, reliable data on sinkholes in Florida. You can use the service to determine appropriate premiums, identify properties with previous sinkhole claims, assess future claim exposure, and develop new-business and renewal underwriting rules. Sinkhole Service is a must-have tool to help you mitigate the risk of the sinkhole peril and protect you from hidden sinkhole damages at your property.
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