"In 2011, the firm was predominantly a U.S. mortgage-data company. Today, Cotality is a multicountry, multi-industry analytics platform that supports more than 1 million real estate agents, touches more than 8 out of every 10 U.S. mortgages, and interacts with a similar share of property insurance policies. Across those businesses, Cotality collects data from 22,000 unique sources-from county recorders to satellite imagery to lidar scans on smartphones."
"Insurance now accounts for 9% of the typical U.S. homeowner's payment-the highest share on record, according to Cotality. Several states have seen double-digit premium increases in just the past year. Looking ahead, Cotality expects average annual U.S. homeowner insurance premiums to rise another 8% in 2026, followed by an additional 8% increase in 2027. According to Cotality, three forces are putting upward pressure on home insurance."
Cotality evolved from a U.S. mortgage-data company in 2011 into a multicountry, multi-industry analytics platform supporting over one million real estate agents and touching over eight of every ten U.S. mortgages and a similar share of property insurance policies. The company aggregates data from 22,000 unique sources, including county recorders, satellite imagery, and smartphone lidar scans, and operates a team of roughly 200 data scientists and meteorologists. Homeowner insurance now comprises about 9% of a typical U.S. homeowner payment, with anticipated premium increases of roughly 8% in 2026 and another 8% in 2027. Rising reconstruction costs and expanding climate-related hazards are major drivers, and AI-driven analytics aim to materially enhance property professionals' capabilities.
#home-insurance #constructionmaterial-costs #climate-risk #real-estate-data-analytics #ai-in-real-estate
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