Introducing Building reconstruction cost calculator.
Ask Wire’s Building Reconstruction Cost Calculator is designed to estimate the costs of rebuilding properties and providing banks and insurance companies with valuable insights to make underwriting decisions. Our calculator is a powerful tool that can be used to assess the risk associated with insuring properties and make informed underwriting decisions.
Here are some of the key features of our Building Reconstruction Cost Calculator:
Comprehensive data analysis
Our calculator uses a variety of data sources to provide accurate estimates of the costs of rebuilding properties, including construction costs, materials, and labour.
Customizable reports
Our calculator provides customizable reports that can be tailored to your specific needs. You can choose from a range of metrics, filters, and visualizations to get the information you need in the format you want.
Risk assessment
Our calculator provides information on the risk associated with insuring properties, enabling insurance companies to make informed underwriting decisions.
Customization options:
Our Building Reconstruction Cost Calculator is fully customizable, allowing you to tailor it to your specific needs. Our team can work with you to develop custom reports, metrics, and visualizations based on your specific requirements.
A systemic bank uses Ask Wire’s AVM to revalue its real estate portfolio.
An insurance company was looking for ways to assess and automate the risk associated with insuring properties and make informed underwriting decisions. They used our Building Reconstruction Cost Calculator to estimate the costs of rebuilding properties and identify potential risks.
By using our calculator, the insurance company was able to identify properties with high reconstruction costs and make informed decisions about their underwriting strategies.
This helped them to reduce their exposure to risk, especially to properties which were under and over insured, and make more informed underwriting decisions.