Property Insurance
Insurance values
Purpose Purpose
Insurance values are the financial exposure values collected for each insured site and period. They help your team prepare renewals, validate coverage, compare changes, and report accurate values to brokers, insurers, and internal stakeholders.
Values are period-specific. A site can have one set of values for 2024 and another set for 2025, allowing year-over-year comparison without overwriting historical submissions.
Common value fields Common value fields
Insurance values can include:
- Buildings
- Machinery and equipment
- Lease improvements
- Furniture and fixtures
- Stock and supplies
- Business interruption
- BI period
- Custom PD and BI fields
- Total PD
- Total BI
- TIV
The exact fields can vary depending on your Insurance setup.
Working with values Working with values
You can work with values from Insurance > Values or from an individual site in Insurance > Sites .
Typical workflow:
- Select the correct Insurance period.
- Open the Values table or an individual site.
- Review existing values and previous-period comparisons.
- Update values manually or use bulk import for larger changes.
- Review change history where needed.
- Export values when the data is ready for reporting.
Use Bulk import values when you need to update many sites at once from a spreadsheet.
Change history Change history
21RISK records changes to Insurance values so your team can see what changed, when it changed, and who changed it. This is useful during renewal review, data validation, and follow-up with local site owners.