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To Educate Customers about Earthquake Risk, Look Beyond Fault Lines

Posted by Bryan Stanwood on December 4, 2019

Western Washington is one of the most earthquake-prone places in the country,1 yet only 11.3% of homeowners in the state have earthquake insurance, and just 43.2% of commercial properties have coverage.2  

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Topics: property rating, risk, Washington state, Hazards, Risk Assessment, landslide, earthquake

BCEGS: How it Can Help You Make Better Underwriting Decisions

Posted by Bryan Stanwood on October 22, 2019

The pictures of places affected by an earthquake, severe storm or other natural disaster often have a puzzling feature: some homes and buildings have survived while others have been reduced to rubble. One answer to the puzzle relates to the local area’s building codes. 

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Topics: BCEGS, Insurance underwriting, Building Construction, code enforcement, Risk Assessment

To Get the Right Data, Start in the Right Place: Part 2

Posted by Zhu Zhu Xiao on October 1, 2019

Most of the time, ZIP codes improve accuracy. When the U.S. Postal Service (USPS) delivers mail, ZIP codes increase efficiency. When you use a retailer’s website to find local stores, ZIP codes quickly give you useful results. When you use one of our products, an accurate street address-ZIP code pairing will ensure you’re getting data on the right property.  

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Topics: Protection class, GIS Mapping, Risk Assessment, flood insurance, liquefaction

To Get the Right Data, Start in the Right Place: Part 1

Posted by Chris Jansen on August 27, 2019

Thanks to two television series (and a third one in the works), 90210 is perhaps the most famous ZIP code. The tens of thousands of other ZIP codes toil in relative obscurity but are no less important to not just mail delivery but also a wide variety of other business functions.

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Topics: Insurance underwriting, loss cost, PropertyEDGE™, fire protection classes, GIS Mapping, Risk Assessment

Tornadoes in Washington, How Common Are They?

Posted by Bryan Stanwood on January 29, 2019

After a tornado ripped through Port Orchard, Washington in December 2018, the question on people’s minds was how common are tornadoes in the Pacific Northwest. We did some research and found some interesting stats.

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Topics: Risk Assessment, tornado, home owners insurance

Quick Hit PropertyEDGE Training Videos – Now Available

Posted by Joe Nolan on June 19, 2018

Thanks to all of you who participated in our customer survey this winter. We’re taking your requests into account as we develop new services and tools, to help you work smarter and faster.

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Topics: PropertyEDGE™, Hazards, Risk Assessment, Loss Cost Lookup

Assessing Landslide Risk

Posted by Bryan Stanwood on February 20, 2018

The threat of a landslide at Rattlesnake Ridge near Union Gap, Washington, is putting the spotlight on landslide risk. Though today’s technology lets anyone watch the Rattlesnake Ridge Slide unfold, underwriters view it through a professional lens.

Underwriters are well aware of the need to assess for landslide risk. While most standard policies exclude landslide coverage, many properties in rain-soaked Washington and other hilly states need it. How do you determine this? Most of the time, it starts with a review of a risk’s slope.

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Topics: PropertyEDGE™, Risk Assessment, landslide