Earthquake Risks: How Architectural Features Affect Seismic Resistance
The age-old saying, “The bigger they are the harder they fall” is believed to have originally come from boxing. But for those of us in property risk management, it’s also a fair description of how buildings of certain structural types can react to seismic events. In fact, there are a lot of architectural and logistical […]
Windstorm Mitigation: How Architectural Features Affect Storm Resistance
In the past, we’ve discussed how architectural details affect earthquake resistance, and how documenting those details for your insurance Statement of Values (SOV) can help you secure the right insurance coverage at the best rates. So today, we’ll talk about the other common way your building can be affected by risk — windstorm. Like the seismic […]
Secondary COPE Data for Insurance: Avoid the Worst-Case Scenario
Collect Secondary COPE Data to Improve your Risk Profile Having accurate, up-to-date insurable values for all buildings and structures on your property schedule is a good start to understanding your organization’s exposure to property risk. With that said, while this can help ensure your property is insured to value, it is detailed building data (e.g. […]