Claims Solutions

Pricing Data Services: Accurate, Localized Cost Information

Accurate, up-to-date cost information that reflects current market prices and helps unite stakeholders in the settlement of claims and other transactions.

The challenge of cost accuracy

Within the restoration industry, accurately estimating the costs of damage and repairs is a key challenge. Reliable, consistent pricing unifies the industry and keeps everyone on the same page. At Verisk, we report on cost information reflected in actual market prices.

A current and local pricing database

Verisk is the industry leader in research, as our pricing data represents the standard of reliability and consistency. Our team reports cost information based on actual prices and transactions (completed bids) that have occurred recently in your area.

Time and materials cost

We rely on over 50,000 providers of materials, equipment, and labor. Additionally, we collect more than 290,000 survey points each year.

Analyzed damage repair estimates and surveys

We analyze more than 5 million estimates annually, collecting data from more than 13 million data points and examining over 7,300 survey points each month.

Contents pricing data

Verisk maintains the largest contents database in the industry, featuring millions of vendor-specific items, 300,000 discontinued items, and 8,000 general quote items.

How to provide pricing feedback in Xactimate

See how to provide pricing feedback, and gain understanding of how your feedback can affect local and national pricing data.

How to provide pricing feedback in Xactimate

Monthly research for labor, materials and more

Verisk updates pricelists every month for more than 460 regions across the United States and Canada. We compile our discoveries into a comprehensive monthly report detailing changes in major categories, shifts in lumber markets, fluctuations in gasoline prices, and additional insights.

Read the monthly pricing update

Monthly research for labor, materials and more

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Our research methodology

Phase 1: Conduct market research

Each year, we meticulously analyze an array of market price points from numerous third-party sources, including thousands of daily in-field estimates submitted through Verisk.

Phase 2: Review and verify

All collected market research is organized in preparation for data integrity checks.

Phase 3: Analyze for insight and publish

We perform cluster analysis on various subsets of gathered research to identify the mid-range market price points. This proprietary process was designed by Brigham Young University PhDs. Market research results are then published and made available to the public.

Do more with the Verisk ecosystem

Explore our Xactware family of products designed to simplify and automate your claims workflow.

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Property claims estimation

The most powerful and comprehensive solution for property claims estimating.

Learn about Xactimate

Contents estimating

Accelerate personal property claims estimation for contents claims adjusters and contents replacement service providers with XactContents.

Learn more about XactContents

Precise repair estimates faster and easier

Efficiently manage property preservation with quicker, smoother, and more accurate local repair estimates.

Learn about XactPRM

Bid estimation and construction software

Create precise estimations with local pricing data and streamline construction job management.

Learn about XactRemodel

Contact us to learn more

For product information, pricing, or account status, our sales team is available Monday through Friday, 7 a.m. - 5 p.m. Mountain Time.

Sales

1-800-424-9228

Support

1-800-710-9228

For service or support:

Free live chat (via the eService Center) is available 24/7 (except Christmas Day and New Year's Day) to assist customers in real time.

Phone support for a $20 fee is available 6 a.m. to 6 p.m. Mountain Time, Monday - Friday (except Christmas Day and New Year's Day).

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