At BuildFax, we talk a lot about commercial properties. But our conversations typically focus on remodel rates by location or how much data we have – not how commercial carriers actually use BuildFax data. Here’s a peek behind the curtain – a collection of three stories from a few of our customer engagement managers. 1. Effective Year Built Commercial carriers... Read More
One of the first questions we usually get from insurance carriers is, “Do you have commercial property data?” The answer is yes! We have a ton of it. Here’s an infographic that breaks it all down. Check it out! Read More
A Couple of weeks ago we spoke with Sefton Patton about how the remodeling boom affects premium leakage. Check out our infographic on the topic! Read More
Commercial Remodeling is on the Rise Remodels in the US are booming – and the trend isn’t just amongst residential properties. Commercial remodeling across the country increased by 7% between December 2014 and December 2015, and has increased 26% since 2013. Especially when compared to commercial new... Read More
There’s been a massive boom in remodeling across the country over the last few years. Residential remodels have increased by 9% between December 2014 and December 2015. Since 2010, the number of homes undergoing work has increased by 40%. Those statistics are just the beginning of what BuildFax has to show for in terms of... Read More