For insurance carriers, properties that are vacant—or about to become vacant—represent a much greater risk. Break-ins, vandalism and other property damage are more likely. And these days, homeowners are often tempted to use their policies as a source of funds.
TransUnion Foreclosure and Vacancy Triggers notifies you of potential vacancies and other key activity so you can take action before losses occur, rather than managing invalid claims after they’ve already been made.
Foreclosure and Vacancy Triggers is a property insurance monitoring service that enables you to monitor broad selection of characteristics and receive alerts when changes indicate increased risk.
Of these characteristics, TransUnion has identified up to 15 that are proven to be highly predictive of property vacancy or foreclosure. Choose from any of these characteristics and work with our solution architects to build the monitoring platform that best fits your needs.
Learn when your book may be exposed to fraudulent claims.