LightSpeed for Personal Property

Discover a configurable data solution that pulls critical information upfront in the homeowners underwriting workflow.

How can you elevate the customer experience?

A typical homeowners insurance application asks 60 questions—and the resulting initial quote may still need adjustment before bind. A slow process and unreliable quotes can drive customers away in search of a better buying experience. And imprecise data may bring mispriced risks onto your books.

Build a better process

LightSpeed® for Homeowners supports automated underwriting for personal properties with data that can be used throughout your quote workflow.

Eligibility

Fast-track qualified applicants to quote.

Workflow routing

Create multiple customer experience paths.

Coverage estimation

Produce more reliable replacement cost estimates.

Rating

Determine the right price—the first time—for more risks.

Inspection decisions

Confidently choose between inspection or straight-through processing.

A wealth of data, a simpler workflow

Speed wins today’s customer, and you can move faster with Verisk’s ecosystem of data-forward solutions for personal property workflows. Digital transformation could be your key to profitable growth.

One platform, ultimate flexibility

We adapt our delivery methods to your business operations, IT environment, and requirements, so you can integrate the information into your rating, policy writing, or consumer quoting systems. Easily incorporate hundreds of data points spanning multiple Verisk underwriting solutions.

Features and capabilities

Geographic risk data

Consolidate critical exposure data with peril-specific, address-level information to help guide underwriting and pricing.

Property features and condition data

Reduce unreliable homeowner and agent inputs with more dependable data to help you confidently determine insurance to value, verify major component ages, and uncover property condition and liability concerns.

Homeowner data

Gain insight into ownership, occupancy, residents, property use, prior claims, and signs of financial stress that could alter a property’s risk profile.