Navigate the Supplement Process
Without roofing or property restoration insurance supplements, it can be easy for an insurance adjuster to overlook certain types of damage during a roofing or property restoration assessment. While an adjuster’s role is to gauge the damage’s scope, their evaluation is only an estimate. Supplementing a project can help ensure that all issues, damages, and required materials are accurately accounted for, enabling you to confidently gather all the supplies and preparations necessary to complete the job to the best of your ability.
At Supplement Claim Pro’s, we provide expert guidance and support in insurance supplementation for residential and commercial roofing or restoration projects, window and siding replacement, as well as painting projects.
We take pride in being the leading licensed insurance supplement company in the United States, offering our expertise to ensure thorough and high-quality repairs for your property, reducing the need for future claims.
Our specialization lies in supplement writing, negotiation, and reconciliation, catering to both commercial and residential projects. As a comprehensive resource, we cover estimates for fire, water, and weather-related damages under one roof.
How often does YOUR estimate match up with what the Insurance carrier has on their Xactimate?
When dealing with storm restoration projects, it’s common knowledge that insurance carriers may lack expertise in construction and need additional details to assess restoration work accurately.
The process of taking photos, making calls, and providing information to insurance carriers can be time-consuming and unpredictable.
This situation often forces contractors to compromise on upgrades or quality to ensure completion, impacting both profits and reputation negatively.
Fortunately, there’s a solution.
By utilizing Supplement Claim Pro’s services to manage your insurance restoration projects, you can regain control over your time and earnings. This ensures that the job is done correctly without compromising on quality.
Contractors’ reputations hinge on timely project completion and transparent communication with homeowners. In such crucial situations, it’s essential to rely on experienced professionals rather than taking chances with anyone else.
WHAT IS A SUPPLEMENT?
A supplement refers to additional charges applied after submitting an insurance claim. These supplements may involve:
- Items that were omitted
- Overlooked details
- Underpaid expenses
- Discovered after work commenced
Curious about how supplements impact your work? Reflect on these questions:
- Have you ever faced a financial loss on a project?
- Did a project yield less profit than anticipated?
- Have you had to invest extra effort without added compensation?
If you answered yes, these differences may result from underestimating a job’s actual costs. Supplements can help offset these expenses.
It is entirely legal and permissible to submit supplements, acknowledging items like the ones mentioned above, as recognized by insurance companies.
REASONS CONTRACTORS DON’T IMPLEMENT SUPPLEMENTS
Why don’t more contractors use supplements or insurance supplement experts?
Regrettably, the process of implementing and collecting on supplements can be time-consuming and challenging for your business. Here are some other reasons why people are not taking advantage of this additional revenue:
- Inexperience – Lack of familiarity with scopes leads to difficulty in identifying omitted items.
Rushed – Contractors in a hurry may overlook claiming additional funds as they rush to their next job.
- Limited tech skills – Comfort with industry-standard software like Xactimate is necessary for better understanding estimates.
- Not all insurance adjusters underestimate projects. Often, unforeseen work arises during the project, while the adjuster may not be present for repairs and installations.
Supplements are crucial for ensuring fair and accurate payment throughout the project duration.
Deciding on the supplementing process is a crucial initial step. It’s advisable to reach an agreement with the homeowner before starting a supplement.
Instead of managing supplements internally, which incurs additional labor and technology costs, engaging a reliable third-party vendor experienced in supplementing is vital for a roofing company’s success.
Whether you’re a new roofing company, a seasoned contractor venturing into insurance work, or looking to expand your business, Supplement Claim Pro’s understands the challenges you face as we are too in the restoration industry. We offer various tools like Xacimate to help you thrive in the storm restoration industry as former contractors ourselves.
