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When a claim comes in, the price you provide is only as good as the data behind it. itel Pricing draws from a proprietary database built from manufacturers, mills, distributors, contractors, and retailers. This means localized, specification-driven pricing for materials that exist in the market, improving indemnity outcomes.
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Claims are tricky. Getting alignment between adjusters, contractors, and homeowners can be a juggling act. itel Pricing removes the argument — because when the price is guaranteed, there’s nothing left to dispute. Most itel Pricing reports include supplier contact information for the materials listed, at the price provided. Your adjusters get a defensible number. Your policyholders get a fair outcome. And your claims program runs smoother.
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itel’s benchmark pricing solution integrates directly into Xactimate® and Cotality™. Adjusters get an itel-backed price in the estimate without disrupting existing workflows.
No sample needed
Instant benchmark price and report
itel Total Price, Asphalt Shingle Pricing (ASP), Vinyl Siding Pricing (VSP), and Flooring Surface Pricing (FSP) are fully embedded in Verisk Xactimate®
itel ASP, VSP, and FSP are fully embedded in Cotality™
itel Total Price provides material pricing across the whole claim in a single transaction, such as primary roofing material and accessories, siding, paints, all major flooring categories, and more.
All itel prices are backed by a guarantee. Nearmap partners with multiple national contractors and suppliers to source, ship, and deliver materials at the provided price. This gives carriers, adjusters, and homeowners confidence in the settlement amount, reducing disputes and accelerating claims resolution.
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Fair outcomes are easier to explain when the evidence is right there. Each itel Pricing submission includes a detailed, homeowner-friendly report attached to the claim. Policyholders get a clear, transparent view of how their settlement was reached.
Like kind and quality products — comparable materials available in today’s market
Benchmark price — localized to the claim address
Product specifications — details on the submitted sample or recommended LKQ materials
Guaranteed fulfillment — instructions for ordering at the provided price, when applicable
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itel, part of Nearmap, is a proven and trusted source for controlling indemnity spend for insurance carriers in the past 30 years. itel Prices are accepted and trained on by all major TPAs (Third Party Administrators), MRPs (Managed Repair Programs), and water mitigation firms. Trusted by the top 100 P&C home insurers in the U.S. and handles more than 2 million claims annually, the itel solution helps insurers accurately manage indemnity, improve consistency of estimates, and settle claims faster.
We receive data continuously and update our pricing engine a few times a month. In scenarios where prices are fluctuating quickly — such as after a major catastrophic event — we will update pricing more frequently, potentially down to the zip code level.
We offer itel Total Price, Asphalt Shingle Pricing (ASP), Vinyl Siding Pricing (VSP), and Flooring Surface Pricing (FSP).
itel Total Price helps insurance carriers manage indemnity accuracy by providing localized, guaranteed material pricing across the whole home directly within Xactimate. Carriers can improve indemnity outcomes across over 100 materials in the exterior and interior of the house.
Nearmap guarantees the price provided in itel Pricing solutions. Nearmap works with a variety of nationwide fulfillment providers to back the price. In most cases, the prices are guaranteed for 60 days from the date the price is delivered. You can find instructions for requesting fulfillment at the bottom of every itel Pricing report.
Talk to Nearmap about bringing itel Pricing into your claims program.
Experience itel Pricing