XactValue
®
Your clients trust you to give them complete coverage. To do that, you need the most accurate pricing tool. Xactware has you covered with XactValue®–the industry's fastest growing web-based valuation program for residential (including condominiums and manufactured homes), commercial, and agricultural structures. From churches and schools to hay barns and small or large custom homes, XactValue is the right tool for you to confidently insure your customers–no matter what the structure.
XactValue is built on the Xactimate data engine–the industry leader in claims estimation. Building an ITV calculator on top of this proven, component-level system means that with XactValue, you utilize the same pricing methodology that has been used to accurately settle claims for nearly two decades. And XactValue is automatically updated with new price lists each quarter, so you can be sure your ITV calculations are always right on.
Efficient workflow solution:
- Automatic links to internal systems, allowing for seamless login (no need to log in twice)
- All traffic is SSL encrypted–the same level of security as is used by online banking
- Each carrier creates their own profile with unique features including logos, data required, unique question sets, and other custom criteria
- Utilize default information or "drill-down" to see more levels of detail–allows users to create ITV calculations for custom or large homes as well as standard dwellings
- Send an email of the results with attached photos or notes to the homeowner
- Automatically recalculate valuations in the future–as prices change over time, you can recalculate upon renewal with a click of a button or automate the process for your entire book of business
Exciting Features:
- Commercial — creates accurate commercial valuations for 62 different commercial models representing hundreds of different types of commercial structures from apartment buildings to religious institutions to funeral homes
- Residential — everything you need for up-front insure-to-value calculations for any size residential structure including small, standard homes, large, custom homes, condominiums, and manufactured homes
- Agricultural — generates accurate valuations for farming and agricultural structures from hay silos to swine buildings to milk houses
- XactValue Indices — produced using XactValue estimates, these general indices are an easy way to integrate XactValue into a current workflow that requires a policy inflation factor. Indices are available in 3-digit or 5-digit level zip codes and are flexible enough to meet your current policy language needs
- Actual Cash Value (ACV) - easily calculate the 'Actual Cash Value' based on age and condition, or as a percentage of the calculated value for any structure type
Convenient integration with other Xactware products:
- XactNet — utilize North America's largest claims assignment network to send and receive XactValue assignments. Now the same network available to claims professionals is available to underwriting professionals
- XactAnalysis — view industry trends, track valuation volumes, manage training needs, and even view geographical mapping of valuation locations with our management reporting tool
- XactInfo — involve the homeowner with our home management website that tracks inventory, stores important information, provides help on do-it-yourself projects, and even uses our patented Sketch technology to draw floor plans online