Roof Age
Objective roof age derived from historical aerial imagery and permit data for both residential and commercial properties
CAPE® Roof Age is trusted by top-20 P&C carriers, analyzing past and present high-resolution aerial imagery and permits to identify complete roof replacements at scale.
Highly accurate and widely available, insurers can easily implement CAPE Roof Age into existing workflows.
The data can be accessed via API, batch processing, or within the CAPE web application.
How it Works: Imagery-Based Change Detection
CAPE Roof Age is 95% accurate
(as defined by precision and recall)
Use Cases & Benefits
Clean up roof age data across your PIF to ensure appropriate coverage, retain customers, and reduce premium leakage for your existing book of business.
Take the onus off your customers and agents to determine roof age. Avoid defaulting to inaccurate roof age estimates like the age of the home, and flag potential roof age errors or inconsistencies at the point of quote.
Efficiently prioritize straight-through processing, inspection, or kick-outs based on existing or added underwriting guidelines.
Accurately apply ACV, cosmetic, or matching endorsements based on roof age and right-size wind/hail or all-peril deductibles.
Improve risk segmentation and more accurately price risk at new business and renewal, or replace existing data sources with CAPE Roof Age to improve lift and better match rate to risk.
Reduce uncertainty in portfolio-wide risk. Insurers can improve CAT model roof age inputs, brokers and carriers can improve reinsurance terms, and reinsurers can confidently assess cedent books by reducing uncertainty.
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“CAPE’s [roof age] model is considered best-in-class with the highest precision and recall.”
Video: CAPE’s imagery-based roof age
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