Property Intelligence Solutions

Harness the power of property data and analytics for a better understanding of risk and the evolution of that risk over time.

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Data points on residential and commercial structures 84B+

Data points on residential and commercial structures

Coverage in areas with populations of 50K+ 98%

Coverage in areas with populations of 50K+

Residential and commercial structures covered 100M+

Residential and commercial structures covered

Verisk has taken another important step in the evolution of its insurance solutions by acquiring BuildFax in October 2019. What does this mean for you? Visit Verisk to learn more.



A PROPERTY IS WORTH A THOUSAND DATA POINTS
The breadth and depth of data necessary to evaluate property-driven risk is much greater than what is readily available. At BuildFax, we help bridge that gap. With over 84 billion data points on residential and commercial structures, we’ve developed actionable insights that enable our customers to stay on the pulse of property risk – and the evolution of that risk over time.

Property

Type: Residential
Year Built: 1930
Remodeled: 2014
Size: 1,600 square feet
BuildFax Condition Score: A

Roof

Year Replaced: 2010
Job Cost: $8,500
Material: Composition Shingle

Major Systems Maintenance

Plumbing, 2017
Electrical, 2014
Mechanical, 2014

Pool

Year Installed: 2018
Job Cost: $51,500
Pool Enclosure: No

Secondary Structure

Year Built: 2018
Job Cost: $67,839
Size: 524 square feet

Property

Type: Commercial
Year Built: 2002
Foundation: Slab
Size: 16,300 square feet
BuildFax Condition Score: B

Roof

Latest Repair Date: 2014
Job Cost: $65,500
Material: Built Up Roof (BUR)

Major Systems Maintenance

Plumbing, 2014
Electrical, 2012
Mechanical, 2012

Solar Panels

Year Installed: 2014
Job Cost: $48,900
Number of Panels: 28

Fire Sprinkler System

Yes

Elevator

Yes

Here's What Our Customers Have to Say

“BuildFax provides critical rating data insights that allow us to deliver accurate quotes to our agents and potential customers. We’ve seen a dramatic reduction in our data validation processes, which has freed up valuable resources and eliminated premium changes post-issuance by offering the right price from the get-go.”

Michael Koscielny
Director of Underwriting, Florida Peninsula Insurance

“The BuildFax solution provides us with instant access to validated property information at the time of quote, reducing manual data entry and improving overall data quality. This data has been extremely valuable to our business by enabling more informed risk selection and pricing decisions.”

Brent Radeloff
Senior Vice President of Product Management, American Integrity Insurance Group

"BuildFax has taken Big Data Analytics to another level with the introduction of their new Property Condition report. With its wealth of analytically derived condition indicators for the subject and neighborhood, this report sets the standard for future property condition reports. Every appraiser should pull this report when doing a review or desktop valuation."

Jeff Bradford
CEO, Bradford Technologies

Put us to the test

Discover how BuildFax’s property insights can help you better manage risk and reduce exposure – all while improving your bottom line.

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Get in touch with our experts about your data needs