Homeowners Underwriting
CAPE® delivers proven ROI for underwriting, supporting new business and renewal decisions.
Select and underwrite homeowners insurance effectively.
CAPE delivers a proven return on investment by enabling insurers to improve underwriting selection and prioritize inspections for the most difficult risks.
CAPE Property Intelligence also provides the foundation for underwriting automation.
CAPE enables carriers and managing general agents to decide which policies to take at quote and informs renewal decisions.
Targeted Inspections
Identify perils that merit inspections, including poor roof condition and yard debris, at quote and renewal. Keep inspection costs flat while increasing the action rate.
Straight-through Processing
Focus underwriting resources by surfacing difficult risks with significant hazards. Improve underwriting efficiency by expediting properties in good condition through underwriting.
Catch Incomplete Applications
Identify perils that trigger underwriting decisions or require inspections, including yard debris, solar panels, pools, and trampolines.
Improved Selection
Help agents target the risks that carriers want to write. Write policies that most closely match underwriting guidelines.
Learn more about how one homeowners carrier used CAPE to support profitable underwriting.
Proven Results
Carriers have lowered loss ratios by as much as two points (2%).
Carriers gain underwriting efficiency by using Roof Condition Rating (RCR) to apply underwriting guidelines before underwriters waste time reviewing homes that don’t qualify or homes in great condition.
Carriers are keeping inspection costs flat while increasing the action rate by as much as 100%.
Underwriting Timeline
CAPE Property Intelligence supports smarter underwriting decisions over time.
Tomorrow
Practically overnight, carriers can determine how to optimize their inspections. Implementing a more effective inspection process takes less than a week.
Next Month
Move to straight-through processing for certain high-quality property attributes, e.g., homes with no yard debris, no trees overhanging the home, and roofs in great condition.
Next Quarter
Having established what impacted profitability most, bake those insights into your guidelines.
Enhance underwriting results using CAPE Property Intelligence.
CAPE delivers relevant data and scoring that improve selection, inspection, and automation to support smarter underwriting.