A typical homeowners insurance application asks 60 questions—and the resulting initial quote may still need adjustment before bind. A slow process and unreliable quotes can drive customers away in search of a better buying experience. And imprecise data may bring mispriced risks onto your books.
LightSpeed® for Homeowners supports automated underwriting for personal properties with data that can be used throughout your quote workflow.
Fast-track qualified applicants to quote.
Create multiple customer experience paths.
Produce more reliable replacement cost estimates.
Determine the right price—the first time—for more risks.
Confidently choose between inspection or straight-through processing.
Speed wins today’s customer, and you can move faster with Verisk’s ecosystem of data-forward solutions for personal property workflows. Digital transformation could be your key to profitable growth.
We adapt our delivery methods to your business operations, IT environment, and requirements, so you can integrate the information into your rating, policy writing, or consumer quoting systems. Easily incorporate hundreds of data points spanning multiple Verisk underwriting solutions.
Consolidate critical exposure data with peril-specific, address-level information to help guide underwriting and pricing.
Reduce unreliable homeowner and agent inputs with more dependable data to help you confidently determine insurance to value, verify major component ages, and uncover property condition and liability concerns.
Gain insight into ownership, occupancy, residents, property use, prior claims, and signs of financial stress that could alter a property’s risk profile.
Accelerate your workflows with our full scope of property risk information.
Tap the profit potential in renewals with timely data that overlays property and homeowner changes.
Keep homeowners better protected with replacement cost estimates built on real-world claims and multisource data.
Know the health and age of a structure’s major systems to support accurate risk assessment.
Use virtual inspection capability to efficiently gather and confirm critical information.
Get risk-specific, address-level information for every property in your book of business.