1. Understand the schedule
Confirm that rows refer to individual buildings, locations or another agreed unit. Review location IDs, street addresses and the insured's file structure before labelling repeated addresses as duplicates.
How to review a property SOV before it goes to underwriting.
A Statement of Values (SOV) review starts with basic questions: Are the locations identifiable? Are critical columns complete? Do the totals reconcile? What changed since renewal?
Valcrio is a first-pass QA aid. This guide does not verify physical properties, insurance adequacy or replacement cost, and does not replace an underwriter's judgment.
Six checks worth making on every incoming schedule
2. Look for missing information
Check the fields your workflow needs, such as construction, occupancy, location identifiers and relevant insured values. A blank entry is a question to resolve—not proof that a risk is unacceptable.
3. Reconcile insured-value arithmetic
Where the SOV specifies building, contents and business interruption amounts, compare their sum with the stated total. For example, $2,000,000 + $500,000 + $250,000 = $2,750,000. Categories vary by policy and must be interpreted in context.
4. Review potentially repeated sites
Two entries at the same address may represent different buildings, units, valuations or an accidental repeated record. Compare building names and Location IDs before treating any duplicate-looking entry as an error.
5. Compare renewal versions
Identify added/removed rows, changed insured values, and differences in construction or occupancy data between years. Confirm that identifiers and mapping logic are comparable before interpreting differences.
6. Turn flags into follow-up questions
Give a human reviewer a concise list of unresolved fields, suspicious arithmetic and renewal movements. Record which flags were corrected, explained or dismissed; do not equate zero flags with a verified property schedule.
Try the workflow in a browser—without client files.
Valcrio's free early-access reviewer loads fictional CSV/Excel examples, suggests column mappings, performs defined checks, compares a prior-year schedule and exports findings. Spreadsheet contents are processed locally by the application rather than uploaded to our servers.
Employers and organizations must approve any use of real customer files. No account or payment required for the fictional-data demo.
What this checker can—and cannot—do
Can it verify actual building replacement cost?
No. It can flag arithmetic and data-quality questions in supplied insured values, but it cannot establish whether an insured amount is adequate for a particular property.
Will a repeated address always mean a duplicate?
No. Different buildings or exposures may legitimately share an address. The tool flags potential matches for human investigation.
Is it safe to upload confidential schedules?
The application processes selected spreadsheets within the browser and does not have an application-server upload endpoint. However, that does not replace an organization's approval or independent security assessment. For a first look, use the fictional sample data.
Can a brokerage or MGA request a team demonstration?
Yes. Book an optional 15-minute introduction using Calendly. Please do not put confidential customer, location or policy data in the booking form.