Mispriced risk is a $29 billion annual problem for the auto insurance industry,1 and with increasing complexity, emerging technologies, and new safety features, it’s harder than ever to refine pricing. Uncovering vehicle-specific risk data without a reliable source of Vehicle Identification Numbers (VINs) can be a struggle.
VINMASTER contains comprehensive data on personal vehicles, including Vehicle Series Rating Symbols, beginning with the model year 1981.
No problem. With VINMASTER, leverage granular vehicle information with just the year, make, and model or a few other key features.
Multifaceted, vehicle-level data helps enhance risk pricing at point of sale and renewal and determines ISO Vehicle Series Rating Symbols.
Already a Risk Analyzer® customer? VINMASTER delivers 400+ uniquely defined Personal Auto Symbols and corresponding rating relativities.
Unlock vehicle-specific information that helps you determine premiums more accurately, even when you don’t have the full VIN.
VINterpret, a VINMASTER product, delivers information on advanced driver assistance systems (ADAS) available in 2012 or newer private passenger vehicles.
Use VIN, year/make/model, or other vehicle description information to pull granular data and determine the latest ISO Vehicle Series Rating Symbol.
There’s more than one way to unlock robust vehicle-level data with Verisk.
Price vehicle risk more precisely with symbols that indicate the relative risk of loss by model year and series.
Refine pricing and segmentation with the predictive power of hundreds of attributes and environmental factors.
Fine-tune your rating process with analytics about a vehicle’s historical information.
Uncover granular vehicle risk components for underwriting, rating, and claims adjusting.
Gain a chronological, 360-degree view of risk, unlock predictive behavioral patterns, and discover multiple use cases.
Harness data-driven analytics to detect fraud and take on premium leakage across the policy life cycle.
1 Verisk white paper, The Challenge of Auto Insurance Premium Leakage