Pricing List
The regional database of unit prices Xactimate uses to calculate estimate totals. Updated periodically by Verisk and specific to geographic pricing regions. Each estimate uses the pricing list matched to the job location.
The pricing list is the regional database of unit prices that Xactimate uses to calculate estimate totals. It is updated periodically by Verisk and varies by geographic region.
Regional Pricing Logic
Material and labor costs vary significantly across markets. A sheet of drywall costs differently in Dallas than in San Francisco. Roofing labor rates in Miami differ from Kansas City. Xactimate reflects these real-world differences by maintaining separate pricing lists for different geographic regions. Each estimate pulls from the list that corresponds to the job location, producing region-accurate totals.
Update Cadence
Verisk updates regional pricing lists regularly, with new prices reflecting current market conditions. Estimators should ensure their Xactimate installation is pulling the current list, especially during periods of market volatility. An estimate built on outdated pricing may under-represent actual costs by the time the work is performed.
Price Lists and Supplements
When supplements are written months after the original estimate, pricing may have changed. The reviewer checks whether the original estimate's pricing reflects conditions at the time of loss versus at the time of repair. Significant gaps may be recoverable through supplements that reflect updated pricing, especially on projects where repair is delayed by claim processing or material lead times.
Frequently asked questions
Verisk updates regional pricing lists regularly, commonly monthly, to reflect current material and labor market conditions. Estimators should confirm their pricing list is current when writing estimates, especially in volatile market conditions where prices shift between updates.
No. Xactimate maintains different regional pricing lists for different geographic markets. The cost of labor and materials varies significantly by region, so a unified national pricing list would produce inaccurate estimates. Each estimate is tied to the appropriate regional list based on the job location.
The pricing list is proprietary to Verisk and is accessed through Xactimate itself rather than published as an external catalog. Training providers and industry publications sometimes share common unit prices as reference material, but the authoritative source is the Xactimate installation's active pricing database.
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