Technology in Insurance Adjusting
Last week our office was confronted with a challenge that will become more prevalent in the future. That challenge involved technology being used by an insurance company vendor that wished to use the technology, Matterport.
As insurance adjusters on the forefront of the insurance industry, we are familiar with Matterport, Matterport allows for the complete survey of items in a home by using 3D technology. Matterport's 3D virtual tours enable users to remotely explore and interact with a...
Be Aware of Restoration Companies
Restoration companies can be a crucial part of an insurance claim. These companies and contractors could be needed for emergency services like water mitigation and boarding up the property to keep it secure. They can also be utilized for contents pack out, contents cleaning, debris removal, and other miscellaneous items. Policy holders have the option to hire these contractors for the subsequential repairs as well.
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How long do insurance claims take?
Insurance claims are not a one size fits all. We wish we could tell you that after you file a claim your insurance company will come out to inspect and issue a payment for all the damages and then your claim will be closed in 3-6 months and you’ll never have to think about it again. The truth is, you could accept that payment and be done with your claim but that could mean leaving money on the table or not having all the repairs done correctly.
The duration of your claim can also depen...
Letter to Kim (Suicide is not the Answer)
To my client as well and my friend, Kim Dieska,
I never criticized you Kim. And you know I could have. After your house fire, you signed that stupid contract with that restoration contractor that gave ALL of your insurance proceeds to him and left you nothing. Many people make that mistake signing agreements with contractors after their fire and when they are under duress. But you also got yourself in trouble with the I.R.S., violating y...
Contacting the Department of Insurance? Is it worthwhile?
The headlines of a recent Insurance Trade Magazine shouted out: CALIFORNIA DOI WINS 20 YEAR COURT BATTLE AGAINST MERCURY INSURANCE.
The California DOI worked hard on that one and they are to be commended. Many California commissioners over the years were involved in litigating that case but is it really productive to contact your state Department of Insurance?
It’s a mixed bag.
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