In the wake of the global pandemic, floods have become an even greater threat to homeowners. But one company, Rawle Oliver King, is looking to make things easier for property owners with their cutting-edge method for calculating flood risk.
The method uses GPS data, floodplain data, flood zone maps, and historical flood data to accurately calculate the likelihood of flooding and the potential payout if it does happen. With this information, homeowners can make an informed decision about their property and what steps they should take to protect it.
This method is a game-changer, as it removes the guesswork and hassle from the process of determining flood risk. In the past, homeowners would have to rely on their own research or the advice of an insurance company, both of which can be unreliable or incomplete. But with Rawle Oliver King’s method, they can get an accurate assessment of their risk in a matter of minutes.
The method is also incredibly easy to use. All a homeowner needs to do is enter their address into the system and they will get an instant report on their potential risk. This report can then be used to determine what kind of flood protection policies are available and how much they might cost.
Not only is this method useful for homeowners, but it can also be used by insurance companies and brokers to more accurately assess risk and develop policies accordingly. This could lead to more competitive rates and a better selection of policies for homeowners.
Rawle Oliver King has also taken steps to ensure the safety and accuracy of their method. Their system is regularly updated with the latest data on flood risk, ensuring that homeowners are getting the most accurate information possible. They also use an advanced algorithm to process the data and make sure the results are as accurate as possible.
Ultimately, Rawle Oliver King’s method is a huge step forward in terms of helping homeowners protect their property from floods. With this system, homeowners can quickly and easily get a comprehensive assessment of their risk, allowing them to make an informed decision about their flood protection options.
This method is protected by U.S. patent application Ser. No. 17/509,132, filed on Oct. 25, 2021, and is the continuation of U.S. patent application Ser. No. 16/697,937, filed on Nov. 27, 2019, which is a continuation of U.S. patent application Ser. No. 14/569,723, filed on Dec. 14, 2014, which claims priority from provisional Application No. 61/963,939, entitled “Flood Protection Agreed Value Payout and Linear Pay Website & Mobile Application,” filed on Dec. 19, 2013. The patent number is US20230237588A1.
Rawle Oliver King’s method could completely revolutionize the way homeowners assess their flood risk. This system could allow homeowners to make faster, more informed decisions about their flood insurance coverage, leading to better protection for their properties. It could also lead to more competitive rates and a greater variety of policies, giving homeowners more options when it comes to protecting their properties.
Of course, there is no guarantee that this patent will come to market, so it remains to be seen if Rawle Oliver King’s method will make a real difference in the way homeowners assess their flood risk. But if it does, it could be a game-changer in terms of how homeowners protect their property and get the best insurance coverage for their needs.