Geo Addressing: Address Verification, Geocoding

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Did you know that Insurers typically misprice 5% to 10% of policies due to inaccurate understanding of the potential perils that a property or asset may be impacted by?

  • 1.  Did you know that Insurers typically misprice 5% to 10% of policies due to inaccurate understanding of the potential perils that a property or asset may be impacted by?

    Moderator
    Posted 11-13-2017 18:33

    Geocoders vary widely in their accuracy, and for some situations free or low cost is fine, but when your business depends on it it can result in huge bottom line impacts - think hundreds of millions of dollars!

    https://www.youtube.com/watch?v=TaXvWmzg0MM