New Claims Technology to Tackle Increased Water Damage Claims

There have been a lot more claims for water damage than wind damage in recent years, including the trillions of gallons of water Texas experienced when Hurricane Harvey hit in 2017. Since that time, water damage claims have gone up each year, representing more than 50% of hurricane claims.

Here are a few of the new technologies in the following areas are being used to help combat this uptick in water and flood loss:

• Faster, easier and better-targeted forms of communication
• Faster estimating
• Virtual inspections
• Damaged item valuation
• Smarter vendor selection using data and analytics

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