There has been much talk in recent years about “virtual” surveys supplanting traditional inspections. Several data providers are combining aerial imagery with their proprietary data to calculate replacement cost and even assess risk. These products are intriguing, but the absence of ground level photographs, as well as dated aerial imagery, inhibits risk identification and provides insufficient evidence to take underwriting action. Virtual surveys typically cost more, too.
EXL Express Surveys outperform virtual surveys by leveraging publicly available data and aerial imagery. Our data is augmented by current photos and reviewed by an expert underwriting technician, ultimately delivering an actionable survey at a very competitive price point.