Construction:
How the building was built and its condition – roof shape, material, roof conditions, roof age, square footage, other property attributes, and additional Construction information that may be available from 3rd party providers.
Occupancy:
Who occupies the building (owner-occupant or renter-occupant) and how it is used – zoning information for the property, whether the building is currently vacant or not (USPS), and the occupancy status for surrounding properties, as well as additional Occupancy information that may be available from 3rd party providers.
Protection:
How the building is protected (identify resources that reduce risk to the property) against perils – Nearby fire departments, distance to fire hydrants, as well as other Protection information that may be available from 3rd party providers.
Exposure:
External factors around the building/area that may pose a threat – peril specific information (claim predictors, vulnerabilities, defensible space) as well as other information that may be available from 3rd party providers (wildfire, hurricane, tornado, flood, hail, wind, crime, etc.).
With COPE information, you can:
Identify risky attributes and thus loss exposures
Optimize underwriting efficiency with key risk indicators organized in an industry-standard framework
Access the most relevant data in addition to our computer vision detections on aerial imagery, to identify risky property conditions remotely (reduce physical inspections)
Build richer customer relationships by proactively communicating risk exposure and mitigation steps