Calculates loss cost metrics for a geocoded location based on exposure data, financial details, and loss cost metrics in the Australia Earthquake Loss Cost 18.1 data product.
The Australia Earthquake Loss Cost 18.1 data product contains predictive earthquake data based on data and predictive models. The data distills model data into loss cost values allowing you to fine tune loss estimates by occupancy type.
A loss cost analysis calculates the loss cost of a location for a catastrophe event based on an RMS peril model. The loss cost represents the sum of the projected annualized losses for that location.