LOCATION

It takes an array of risk-specific, address-level information to underwrite and price property insurance. Location risk analysis can send you on a scavenger hunt for data—but it doesn’t have to.

Knowing the exact location of insured property is critical to accurate underwriting and pricing

Much of property risk comes from perils tied to specific places. For example, more than 4.5 million U.S. properties face high to extreme wildfire risk, and over 6.8 million saw at least one damaging hail event in 2022. From weather to crime to sinkholes, it can be daunting to capture the full range of location-dependent hazards.

Drive more accurate underwriting at the address level

LOCATION® provides a suite of solutions that can put the data you need in one place, strengthened by analytics for an even clearer picture of the risks you face.

Pinpoint property locations

Know the exact location of a property for more accurate underwriting and pricing.

Manage natural hazard risk

Measure property exposure to destructive perils and track mitigation activities using Verisk tools.

Assess community resiliency and safety

Explore building code enforcement, fire protection efforts, and risk of other perils driven by human activity.

Ice, Fire, Wind, and Water

Explore recent activity, trends, and data-driven tools that help insurers and communities better measure and mitigate risk from destructive categories of hazards.

Flexible delivery methods

Access data online through a variety of flexible options, including your web browser, Verisk platforms, or API.

What does LOCATION include?

Building code risk

The Building Code Effectiveness Grading Schedule (BCEGS®) program provides information on communities’ building code adoption and enforcement practices across the country.

Crime risk

Crime Service delivers past, current, and projected crime risk scores for specific addresses across the United States, with additional insights broken down by crime type.

Coastal risk

Distance to Coast examines the coastline, capturing how close properties are to oceans, gulfs, the Great Lakes, and other major bodies of water.

Fire protection risk

Public Protection Classification (PPC®) asses a community’s fire protection capability and property location relative to responding fire stations and water sources. PPS is an enhancement of PPC, incorporating drive-time and property characteristics for a more precise assessment.

Hail risk

Hail Risk Assessment identifies the potential for pre-existing damage to a property and the likelihood of future damage.

Flood risk

WaterLine™ assesses flood risk across the contiguous United States, providing a relative risk score that uses probabilistic simulations.

Sinkhole risk

Sinkhole Service helps insurers mitigate sinkhole risk and guard against hidden damage lurking at properties throughout Florida.

Wildfire risk

FireLine® assesses wildfire exposure by examining environmental risk factors and mitigation activities at the property and community levels.