From Contractors Network and Training Center in Chicago
Our experienced networked team of adjusters with more than 12 years of experience in multi-million loss claims recently took one individual claim from $25,000 all the way up to $5 million. How? Years of experience and hard work!
It's very difficult to find the best people in the industry (engineers, adjusters, experts, attorneys, etc.) to support contractors, but we've done it. And best of all, Contractors Network and Training Center never charges you a penny!
Continue reading to learn more about our large loss services, and give us a call today to get started!
There are three different types of claims (over $100K) our team at Contractors Network and Training Center in Chicago can help with.
Policy reviews can be long and time consuming. We leverage a team of industry experts to review the property policy in depth. This review includes all coverages, along with any endorsements or exclusions that may affect the claim, as well as other critical information.
To properly handle a claim, the property’s value must be established. This ensures no deductions on the claim. Valuations are necessary to ensure co-insurance clauses are met, and to prevent any deductions on the settlement.
We utilize three storm search engines to prove a storm date. Even better, we have an independent meteorologist who’s worked for NASA and NOAA (National Oceanic and Atmospheric Administration) who creates a convincing report regarding all findings. This ensures that if there was a storm date, we can prove it.
Our team includes HAAG certified inspectors, along with experienced roofers, masons, plumbers, and electricians who specialize in code compliance. Their combined expertise will help create the estimate to bring the property back up to code — prior to restoration.
We have a large network of estimators, industry specialists, architects, and other resources who combine their experience to write fully maximized Xactimate® estimates. This includes city ordinances and code compliance documentation.
During adjuster meetings, we represent the policyholder. Our experienced adjusters are versatile in the commercial claim industry, and understand the process to extend coverage.
Insurance companies typically utilize engineers to deny valid claims. To counterbalance this, we choose our own well-known engineers to prove the opposite side of the insurance company’s argument. Our experts focus on the claim damage, refuting claims of compromised structural integrity.
When we disagree with the insurance company’s offer, it’s time to go to an appraisal. We have outstanding relationships with the appraiser industry. We work with fair appraisers who ensure your property is appraised not only for its value, but also for all policy coverages.
Sometimes you need the big guns! We have retained a number of the best and well-known lawyers in the industry. When the insurance company is being difficult, our attorneys will fight for, and win, the best possible claim result, over and over and over again!
With an innovative CRM, company systems, and high service standards, we provide consistent handling of claims from start to finish, so every client feels the quality of customer service is always at the highest level.
What happens when you reach out to us? First, we will set up meetings with our network members to discuss your claim. They may request an opportunity to review your paperwork, visit the job site, and make their own evaluations as to whether their involvement will benefit you. Once you and our team members have decided to work together, you will discuss your relationship. For example, if your claim is worth $100,000 currently, and they feel they can bring it up to $500,000, they might base their commission on the differential, in this case $400,000. For the sake of discussion, let's say their fee is 10%. In that case, you would pay $40,000. But remember, you will be doing an extra $400,000 in construction. If your overhead and profit is 30%, then you'll be making an extra $120,000. Subtract their fee, and you've earned an extra $80,000, and you haven't had to make one phone call to the insurance company, or deal with their paperwork, adjusters, engineers, Xactimate®, or worst of all — attorneys! Get in touch with our team at Contractors Network and Training Center in Chicago today to get started!
Some contractors choose to go at it alone when it comes to large loss claims, but rest assured, you'll never receive as much as you would if you relied on those who don't take no for an answer from insurance companies. Our network goes to bat for you, which leaves you more time to make sales, do more real work, and have more time for yourself and your family. In other words, you have nothing to lose. And if our network of professionals doesn't increase your claim, you don't pay a dime.