Effectively handling personal property claims can be complex, involving tasks like cataloging items, researching, and validating repair or replacement costs, accounting for wear and depreciation, communicating with policyholders, and managing payments. Altogether, these tasks can be time-consuming and challenging when using traditional methods.
An extensive content repository that provides direct access to major retailers for ordering replacement items.
XactContents features millions of vendor-specific items, tens of thousands of discontinued products, and thousands of general quote items.
XactContents’ database provides direct access to major retailers through the U.S. and Canada, from which replacement products can be directly ordered.
With like kind and quality items easily searchable within the XactContents database, you’ll keep outside vendor costs down while quickly building and estimating contents inventories in-house, improving cycle times.
Identify multiple contents items simply by moving your camera around a room. Tap on the objects your camera identifies to add items to your estimate.
Using the loss location, type of loss, and room type, you can suggest contents items without the need for a manual search. XactContents gathers real-time results, returning even more relevant suggestions over time.
With the Quick Entry tool, you can enter items and search at the same time, quickly adding general quote items on the fly. The interface increases your speed by keeping the essential workflow aligned to the keyboard.
Each XactContents line item contains life-expectancy information. Calculate depreciation automatically by entering the item's age and use factor.
Search multiple sources at once, including the XactContents database, the contents general quote items, and internet sources such as Amazon.com, Google, Nextag, and many national retailers.
Inventory lists can be imported from an Excel spreadsheet. This means the insured can fill out key information such as item make, model, description, age, estimated cost to replace, and so on.
Search by product manufacturer and the item's model number, brand name, or description. XactContents helps you immediately find the item you need.
When XactContents finds an item that has been discontinued, it automatically shows you current items that are of like kind and quality.
Use the payment tracker to manage recoverable depreciation and track ACV and deferred payments.
Explore our Xactware family of products designed to simplify and automate your claims workflow.
The most powerful and comprehensive solution for property claims estimating.
Keep customers in the loop on the pack-out and pack-back process and keep track of everything.
Accelerate the claims cycle with the collaborative portal that helps streamline the claims process and elevates the policyholder experience.