ROI of AI Video Analytics in Property Damage Claims
The property insurance claims process is notoriously slow and costly. In a typical mid-sized carrier, on-site adjuster inspections can cost $300–$600 per claim, and 40% of claims take over 30 days to settle. AI-powered video analytics – where smartphone or drone video feeds are analyzed by machine learning – transforms this workflow by dramatically reducing field visits, speeding damage assessment and improving accuracy.
