Commercial auto insurers experienced more than $15B in radius-related premium leakage over the past decade.

Radius misclassification can cost you dearly in premium leakage

A Verisk study found that 23% of commercial vehicles were sighted outside of the radius stated by the policyholder.1 Of those vehicles, 16% are classified as “worst offenders,” accounting for more than two-thirds of the estimated radius-related premium leakage.

Location, location, location

How can you begin to recapture the commercial auto premium leakage caused by radius misclassification each year? RadiusCheck uses photo data to match vehicles to your portfolio for a more complete picture of violations.

Leverage location

Use on-site photographs, precise location data, and date/time stamps to map your book for misclassifications.

See the details

Understand the loss cost impact with data on duration and frequency of violations.

Strategize targeting

Target the worst offenders—the 16% responsible for two-thirds of premium leakage—by turning precise location data into actionable evidence.

Features and capabilities

Photographic evidence

Leverage innovative technology that takes on-site photos of vehicles and matches them to your book.

Granular location data

Target the worst offenders by grouping radius violations by class and understanding their loss cost impact.

Classify accurately

Understand when radius misclassification might in fact be territory misclassification, and amend policies accordingly.