Boston, MA, March 2011 -Boston, MA, March 2011 - CDS Business Mapping, LLC., a leader in online hazard mapping, today announced it has enhanced its crime report by returning additional crime statistics for the surrounding area. This information will enable underwriters and agents to better assess and price crime risk.
RiskMeter’s Crime report currently returns data on a very small area (Census Block Group where a property is located). Census Block Groups are a group of Census Blocks that generally contain between 300 – 3,000 people, with an optimum size of 1,500 people. These are very small areas but they help insurers to understand crime risk in a specific location.
In order to provide users with a better idea of crime risk for the overall area, we’re now returning statistics for 0.5 and 2 mile radii in our reports. This extra data will enable RiskMeter users to get much more insight into crime levels for the neighborhoods surrounding a policy. By simply typing in an address, it’s possible to get 10 crime scores, including an aggregate crime score, violent crime scores (murder, rape, robbery, assault) and property crime scores (burglary, larceny, vehicle theft).
“The main benefit of RiskMeter’s crime report is that it allows insurers to identify high risk areas prior to instituting coverage on residential and commercial property,” explains Daniel Munson, Founder, RiskMeter Online. “By returning additional information about surrounding neighborhoods, we can help underwriters and agents to dig deeper and ask crucial follow up questions. Many of our customers have found this report helpful when writing industrial park buildings, habitational risks, bars/taverns, vacant buildings and crime coverage,” says Munson. For more information, please contact Daniel Munson, Founder, RiskMeter Online at 617.737.4444 or Email
About RiskMeter.com
RiskMeter Online is used by underwriters and agents to automate property lookups. This Web-based solution utilizes Internet mapping technology to enable underwriters and agents to determine the proximity to natural hazards for any property in the Unites States. RiskMeter is far more accurate and faster than any other method for determining property risk, and can save underwriters considerable time and money. The RiskMeter Online provides over 30 real-time reports, including Distance to Coast, FEMA Flood Zones, Rating Territories, Windpool Eligibility, RMS Data & Analytics, Individual AAL & PML Reports, Earthquake information and much more.
