Navigating the Florida market with robust roof data

Are you ready to adapt as Florida roof risk evolves?

Florida's market and regulatory forces are changing the profile of roof exposure for many homeowners insurers. Powerful data and analytics can help maintain a clear picture.

More than 35% of Florida homes have 5 or less years of remaining useful roof life.

22% of Florida roofs are in seriously deficient condition, compared with 1% nationally, due to extremes of heat, humidity, tropical storms, and UV rays.

Florida has a higher percentage of hip roofs, 43%, compared with 28% nationwide. These roofs perform better in hurricanes or tropical storms.

Adapting to Florida’s new roof coverage rules

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Insurers may be wise to consider carefully how well equipped they are to manage their Florida homeowners exposure. Verisk stands ready to help evaluate these portfolios using multiple sources and types of data and analytics.

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The New Science of Roof Risk, Powered by Imagery Analytics

The growth of imagery analytics as a property underwriting tool accelerated through the pandemic is changing the future of risk assessment. These innovations give insurers new data and scalable technology to capture critical underwriting elements, including roof risk.

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Know your true roof exposure

Combining artificial intelligence and machine learning with leading data and analytics, Verisk provides key roof information for every property you insure.

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Verisk provides the cutting-edge, InsurTech solutions we need to maintain our policyholder-first mentality as we aim to set the new standard in home protection in an increasingly complex and challenging market.

Chief Executive Officer at a Florida homeowners insurer