RiskMeter Online, a provider of real-time natural hazard risk reports, today announced that it has updated its crime report with 2012 crime data.
RiskMeter’s crime report is updated twice a year and is based upon FBI Uniform Crime Statistics (UCR) and demographic clustering to estimate crime rates for very small areas (census block groups). Insurance companies use these scores to evaluate potential crime losses.
RiskMeter’s crime report can return 10 crime scores, including an aggregate crime score, violent crime scores (murder, rape, robbery, assault) and property crime scores (burglary, larceny, vehicle theft). This information can be returned by simply typing in an address or uploading a book of business.
One of the main benefits of RiskMeter’s crime report is that it not only returns crime scores for the address entered, but it also returns scores for the surrounding area (0.5 & 2 mile radii). This extra data will enable insurers to gain more insight into crime levels for the neighborhoods surrounding a policy, as well as identify high risk areas prior to instituting coverage on residential and commercial property.
For more information about RiskMeter’s crime report, please contact Daniel Munson, Founder, RiskMeter Online at 617.737.4444 or dmunson[.]cdsys.com.
RiskMeter Online is used by underwriters and agents to automate property lookups. This Web-based solution utilizes Internet mapping technology to enable underwriters to determine the proximity to natural hazards for any property in the Unites States. It’s far more accurate and faster than any other method for determining property risk, and can save underwriters considerable time and money. The RiskMeter Online provides over 30 real-time reports, including Distance to Coast, FEMA Flood Zones, Rating Territories, Windpool Eligibility, EQECAT Data & Analytics, Individual AAL & PML Reports, Earthquake information and much more.