The Value of COPE Data Collection: A Differentiated Risk Profile Could Mean Lower Rates

Last year the US government declared a record breaking number of disasters. From hurricanes to floods, and earthquakes to wildfires, catastrophes causing damage in excess of $1 billion swept the nation. Unfortunately, with a rising number of catastrophes and claims often comes rising insurance rates.

With decades of experience in the property insurance appraisal industry, AssetWorks encourages organizations of all sizes to maintain accurate, detailed information regarding exposure to risk. The collection of primary and secondary C.O.P.E. data provides organizations with a complete snapshot of their risk exposure, allowing them to differentiate their risk profile with underwriters.


C.O.P.E. stands for Construction, Occupancy, Protection, Exposure. The data helps present the likelihood that an organization will experience losses due to a catastrophic event.

Primary C.O.P.E. data includes characteristics such as type of construction used throughout the building, square footage, number of stories, fire protection and location. In addition to the collection of more detailed building information, secondary C.O.P.E. data characteristics relate to the building’s susceptibility to damage from windstorms or seismic activity.


C.O.P.E. data is used by catastrophe modeling programs and insurance underwriters to better understand and differentiate an organization’s risk profile. By allowing underwriters to make more accurate and cost-effective underwriting decisions, reporting C.O.P.E. data can sometimes lead to lower rates. In addition, the collection and analysis of exposure data can be used by an organization to better prepare for and reduce hazards.


Experts believe that one of the biggest challenges facing today’s insurance industry is the lack of data quality. It is believed that without C.O.P.E. data, some insurers and catastrophe modeling programs automatically assume the worst case. Take steps to secure better rates and differentiate your organization today – maintain accurate detailed primary and secondary C.O.P.E. data.

If you’d like to speak with an expert in more detail about the benefits of C.O.P.E. data collection, contact AssetWorks at

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2020-01-24T15:18:53-05:00Tags: , |

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