Introducing Roof Age Version 3: A New Standard in Roof Age Detection 

The CAPE team has been hard at work this year and is now proud to introduce its Roof Age version 3 (v3) model, a groundbreaking solution that combines high-resolution geospatial imagery with permit data to deliver improved coverage and transparency in residential roof age detection. This innovative, imagery-first approach combined with permit information represents a significant leap forward in identifying roof replacements and improving underwriting precision for property insurance carriers. 

Roof Age v3 dramatically improves re-roof detection by leveraging five different data sources, including permit data, and achieves an over 2x increase in years of coverage over its previous iteration. With 95% accuracy (as defined by precision and recall) in detecting complete roof replacements, this release sets a new standard for roof age data reliability. Unlike static, “as-of-quote-date” roof age data, which can be outdated or inflexible, CAPE’s dynamic solution continuously updates roof age unless a re-roof is detected, ensuring users have the most current information to inform underwriting and pricing decisions. 

Roof Age v3 introduces several key innovations: 

• Imagery-first, permit-supplemented model: Combines high-resolution geospatial imagery with permit data for superior detection. 

• Enhanced transparency: Clearly indicates whether predictions are based on imagery or permit data, empowering users with full visibility into the methodology. 

• Improved detection of older roofs: Reliably identifies older roofs where imagery data alone often falls short. 

• Improved detection of recent reroofs: Better detects reroofs that have occurred in the last year, where imagery is not yet available.  

• Minimum roof age estimates: If no replacement has been detected within imagery or permit sources, then we can confidently provide a minimum roof age, which is actionable information when underwriting a property. 

Available via API, batch processing, and web application, Roof Age v3 integrates seamlessly into existing workflows, enabling insurers to unlock new segmentation opportunities and reduce reliance on subjective, customer-sourced data. By identifying older roofs that may pose higher risks or newer roofs that could be candidates for discounts, CAPE’s solution supports rating segmentation and coverage decisions with objective data.

With Roof Age version 3 and Roof Condition Rating (RCR) version 5, CAPE Analytics continues to pioneer the latest advancements in roof risk assessments, delivering innovative solutions that empower insurers and property stakeholders to make smarter, data-driven decisions. This release underscores CAPE’s commitment to providing the leading insights for the property insurance industry. 

To learn more about how you can quickly implement Roof Age v3 into your workflow, contact your CAPE team today.