/resources/from-statement-of-values-to-smart-asset-registry-preparing-fema-pa-applicants-for-cost-estimate-driven-disaster-funding

The insurance Statement of Values is no longer enough for disaster finance. This Govstar resource explains how governments can convert SOV data into a FEMA-ready Smart Asset Registry that supports upfront funding, cost estimates, parametric triggers, insurance recovery, and audit-ready closeout. Topics include COPE data, FEMA PA eligibility, legal responsibility, pre-disaster condition, replacement cost, hazard exposure, mitigation fields, damage-to-cost formulas, basis risk, settlement protocols, DOB controls, dashboards, and a phased roadmap from SOV cleanup to parametric-enabled recovery planning.