When was the last time you saw a hailstorm, wildfire, or other natural disaster stop at municipal or state lines? Or present the same exact danger to every home within a given zip code? As P&C insurers see combined ratios continue to rise, they're under mounting pressure to find better ways to understand and price policies in line with the actual risk of each property. This white paper explores how geospatial hazard rating techniques provide a far more accurate view of risk to each peril at specific property locations—and why this presents enormous new opportunities to P&C insurers. Topics discussed include:

• Why pricing by territory is insufficient
• The new era of Geospatial Hazard Rating
• Benefits of moving from territorial rating to Geospatial Hazard Rating
• An example of the hazard rating differences in one zip code
• New opportunities for P&C insurers