Xactimate

What it means

Xactimate is estimating software sold by Verisk. Verisk says it helps users generate precise, professional estimates for restoration jobs, with tools for sketching rooms, scoping damage, localized pricing and reports. Verisk says its pricing covers more than 460 geographic regions. It runs on desktop, online and mobile devices.

Verisk names claims adjusters, independent adjusting firms, restoration contractors and contents adjusters among its users. Because both sides of a claim often use it, a contractor’s estimate and an adjuster’s estimate frequently share the same line-item format.

Why it matters to your claim

An Xactimate estimate is a list of line items, each with a quantity, a unit price and often a depreciation figure. That format makes it easier to compare two estimates side by side and spot what is missing, such as drywall removal, antimicrobial treatment, equipment days or contents handling. If the adjuster’s estimate is lower than your contractor’s, ask both for line-item versions and compare quantities first, then prices. The software does not decide coverage. Your policy does. Our guide to filing a water damage claim explains how estimates fit into the claim timeline.