RCT®. The Prevailing Benchmark of Reconstruction Cost Accuracy
Like the dependability of overnight shipping or the trusted stock market indexes, RCT is recognized for its excellence and quality.
For example, in our claims database, our researchers monitor for post CAT event pricing fluctuations in labor, material, and equipment costs; and as of October of 2018, costs have been updated with the most recent changes affecting North and South Carolina, Florida, and Georgia due to hurricane demand and supply surges.
Our Research Sets Us Apart
Over a decade ago, CoreLogic pioneered a reconstruction estimating process we call our “total component methodology”. Built on a proven concept that a structure’s unique features and not it’s general square footage more accurately determines the cost to reconstruct a structure, our approach has been widely recognized even within the U.S. legal system. In fact, our construction data is referenced by law in over 35 U.S. states.
Monitoring of 100,000+ line items
Research of 90+ labor trades
Localized at 750+ independent regions
350 years of combined industry knowledge
Costs monitored in 2600+ microeconomies