
Did you know Risk Meter offers a replacement cost suite of products? CDS has partnered with replacement cost leader E2Value. Their leading edge valuation products have been integrated into the RiskMeter for several years. Many of our customers do not know replacement cost reporting tools are available in RiskMeter. Determining the potential geographic risk and replacement cost of a property are two crucial steps in the underwriting process. With these offerings, RiskMeter now offers replacement cost estimators for homes, mobile homes, farm, ranch and commercial properties. With more and more insurance companies focusing on improving underwriting results, we wanted to offer a solution that would help our users to streamline their underwriting processes. Also, as the real estate market has spiraled downward, many people believe that the replacement cost is therefore less, but in reality, costs of labor and commodities have steadily risen over the years. A true replacement cost does not fluctuate with the rising and falling of home values. Benefits of this partnership include:
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