Unlike simple points used in addressing, parcel boundary data helps communication providers, utilities, and insurance companies map and analyze property characteristics across an entire area of interest. Parcel data also enables sophisticated spatial analyses, including proximity, overlay, and buffer zone operations. Companies that use parcel data in their daily operations realize new ways to enhance capabilities, improve services, and reduce operating costs by:
- Overlaying parcel data with satellite imagery to assess damage following catastrophic events
- Accurately locating retail and site properties for sale, and learning more about surrounding geographies
- Determining potential flood, wildfire, or other risk hazards when providing insurance premium pricing
- Aligning service territories to parcel boundaries in order to define service areas more accurately
- Improving the accuracy of tax jurisdiction assignments
- Managing assets across multiple properties without physical mailing addresses (meters, transformers, cell towers, etc.)
- Defining which customers are serviced by a particular power grid in order to respond more efficiently
Figure 1. Parcel data with aerial imagery - New Britain, CT