We have all seen the dramatic pictures of destruction and loss after a devastating flood event. Usually, the scene is...
Reconstruction cost, not market value or assessed value, is used by insurers to determine homeowner’s coverage limits and is an...
Because the reconstruction cost to rebuild a home is generally higher than the original cost to build that same home,...
Total Reconstruction Cost Value is More Than $1.5 Trillion Current projections for the 2016 hurricane season indicate that an average...
“I’m paying $574,000 for this house, but it only needs to be insured for $225,000?” Agents often find themselves answering...
The Importance of Accuracy and Granularity when Navigating the World of Big Data When we think about data, all we...
A review of 2015 natural hazard events revealed an overall reduction in property damage for the year. While this does...
Why doesn’t the carrier already have property data on this home? Is this quote accurate or will I have to...
Low-Level Hazard Activity Results in Decreased Damage and Loss Totals Looking at the big picture, 2015 was a quiet year...
Even with advancements in the direct-to-consumer channel, independent agents (IAs) continue to be a dominate distribution channel for property &...