Product Updates
5
 min read

Enriched Property Data in Canopy Connect

Published on
January 17, 2023
Contributors
Ray Huang
Head of Marketing

Ray is the Head of Marketing at Canopy Connect and has helped dozens of startups and growth companies over his 20-year career to develop strategies and implement tactics that yield high-impact results.

We’ve added Enriched Property Data to accompany the homeowners policies that are pulled in the Canopy Connect activity dashboard, giving you a view of your prospect’s homeowners insurance coverages, deductibles, premiums, and declaration pages, and now the detailed property information you’ll need to generate an accurate and winning quote.

When your clients link their insurance information via Canopy Connect, we will instantly enrich the policy data with property data points that include:

  • Property Characteristics: year built, property class, square footage, bedrooms, bathrooms, stories, units, and more
  • Building Characteristics: construction type, foundation, frame, roof, heating, cooling fireplace, sewer, pool, and garage
  • Valuations: market values, assessed values, purchase price, and purchase date 
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This information is available in your activity dashboard when you expand the homeowners’ policy, and works with our integrations such as PL Rating which can feed this supplemental information into your quoting process.

For insurance agencies, Enriched Property Data is available immediately in our Agency Plus and Agency Pro plans at no additional charge. Agency Starter subscribers can activate this feature for $70 per month.

For API users, Enriched Property Data is accessible through the PropertyData Schema. Contact your Canopy Connect representative to enable this API.

Mortgage lenders use Canopy Connect with enriched property data to verify insurance and speed up the underwriting process.

Insurance marketplaces and embedded insurance businesses are able to further reduce form fields which increases form conversion and enhances the user experience, decrease turnaround times, automate the homeowners insurance quote process, and instantly bind policies.

Enriched Property Data is Included with Agency Plus

Agency Plus is for growing agencies that need integrations into their other systems and want enriched property data. You’ll get:

Contact our support team to upgrade to Agency Plus or sign up online today:

Upgrade via Support »   Sign Up »