Xactimate

Xactimate is a construction and property claims estimating solution from Verisk, widely used across the insurance and restoration industries. It helps insurance adjusters, contractors and restoration professionals create accurate estimates for repairs and rebuilding, calculate depreciation, manage projects and access localised pricing research. The product addresses a fundamental challenge in property insurance: agreeing a fair, defensible cost for repairing damage requires detailed knowledge of materials, labour rates and local market conditions, and inconsistent estimates can lead to disputes, delays and inflated or insufficient settlements. Xactimate’s approach is to provide a standardised estimating platform backed by regularly updated pricing data, so that insurers and contractors can work from a common framework. This shared reference has made Xactimate a de facto standard in many markets, particularly in the United States and Canada, where insurers commonly require contractors to submit estimates in its format.

Key capabilities include line-item estimating with a comprehensive database of repair and construction items, localised pricing updated monthly based on market research, and depreciation and actual cash value calculations. Sketch tools allow users to create floor plans and roof diagrams, which automatically calculate quantities for materials and labour, while photo documentation and notes support claim files. Integration with Verisk’s wider ecosystem, including XactAnalysis for claims management and data exchange with carriers, streamlines collaboration between insurers, adjusters and contractors. Aerial imagery and roof measurement integrations further speed up estimating. Xactimate is available in desktop, online and mobile versions, allowing estimators to work in the office or on site. It is aimed at insurance carriers, independent and staff adjusters, restoration contractors, roofers, general contractors and public adjusters involved in property claims. Pricing starts from around USD 760, typically for an annual subscription; there is no free trial and no permanently free version listed for this product.