National Underwriter - Book publisher for the... -
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Published on: 1/25/2002
Last Visited: 10/19/2002
"It's the 5-digit ZIP and 6-digit CPC localization that targets the commercial building undervaluation problem," says Dick Brooks, vice president, sales."Researching and reporting building cost data and local building codes at such a granular level lets us deliver the most accurate and defendable estimates possible.With cost-localization, component-based estimating, and the other new features we've added, BVS v3.0 makes it easier than ever for underwriters to assess the risks they've assumed."The new version includes more than 90 new occupancy types that further define the commercial marketplace.It also streamlines occupancy selection, facilitates valuations of multiple buildings, and applies different coinsurance factors per location.