Replacement costs vary geographically and can fluctuate widely over time. Competing in the fast-paced and changeable commercial property market requires access to current data, innovative methods to refine your valuations, and an active renewal strategy.
You can count on 360Value® to generate reliable estimates for every commercial property in your portfolio, from underwriting new risks to policy renewal. 360Value provides claims-driven, component-based estimates that account for virtually all material, labor, and other costs required to rebuild. These reliable estimates draw on the work of Verisk professionals, who continually research and validate construction cost data at the local level. This research and analysis help ensure that 360Value offers accurate and current replacement cost data.