Property Damage Estimates
A submission of a thorough and professionally executed damage estimate is the key to a faster process of your insurance claim so, If you are a public adjuster, an attorney or a general contractor, VICSAR Property Solutions objective is to administer the most meticulous property damage estimates for you and your client that will maximize claims in unsurpassed timing.
Our property damage estimates are
your greatest
asset when filing insurance claims
Hurricane
Roof Leaks
Floods
Water Damage
Fire
Commercial
- Estimates created using Xactimate
- Over 20 years of experience
- Can be combined with our Matterport 3D virtual tours
- Complete documentation to maximize your claim.
- Comprehensive reports outlining the damages.
- Quick response time.
- Utilizing the latest methods and technology.
- Sample reports available for review.
Property Damage Appraisal
If you and we fail to agree on the amount of loss, either one can demand that the amount of the loss be set by appraisal … The appraisers shall then set the amount of the loss … They shall submit their differences to the umpire … a Written agreement signed by any two of these three shall set the amount of the loss.
It is the job of an appraiser to assess and evaluate the damage and provide an impartial, informed estimate of the value of the loss. The policyholder and the insurance company both will have their own independent appraiser to assess the damage, and if the two appraisers cannot agree then a third appraiser will be used to resolve the differences. The third appraiser is called an umpire and is either agreed between the appraisers or appointed by a court having jurisdiction. Appraisal boils down to an agreement of two of the three appraisers.
Understanding the Appraisal Process
Typically, insurance companies include an appraisal or arbitration clause in every policy. The clause stipulates that in the event that the property owner and the insurance company cannot agree on the value of the loss, either party may demand an appraisal and, on some occasions, that both parties must agree to enter into an appraisal.
Each party selects an appraiser and the two appraisers — one from the policyholder and one from the insurance company — work together to agree on the value of the damaged property. A mutually agreed-upon or court-appointed umpire will handle any disputes between the appraisers, and any agreement signed by two of the three parties will set the value of the loss. Arbitration is similar except that instead there is a panel of arbitrators that form the position of the umpire in appraisals and the lawyers or advocates for the parties present to the sometimes one person sometimes three panels of arbitrators.
- Order received through [email protected] (received by Stephanie)
- Acquire information:
- Policy Holder Name
- Insurance Company
- Insurance Appraiser Name
- Appraiser phone Number
- Appraiser Email address
- Claim Number
- Policy Number
- Type Of Loss
- Loss Location Address
- Stephanie schedules the meeting with the insurance carrier appraiser through JC’s google calendar.
- Email the carrier’s appraiser confirming date and time scheduled. (CC JC to email) Provide the carrier’s appraiser with JC’s contact information: Phone & email address.
- Must respond with acknowledgement email within 24 hours of receipt.
- Contact Policy holder for availability.
- Contact insurance appraiser for availability.
- Schedule soonest appointment.
- Confirm appointment via email with all involved parties.
- JC will keep a claim diary on every file titled:
“(claim#_last name_notes)”
- Updates will be sent to Stephanie via Google Drive every week along with any major changes
to the file
- Provide signed and dated Appraisal Award (damage estimate if applicable) to the referral law firm or Public adjuster.
- Send Invoice along with supporting documents to collect
- Follow up for collection
- Onced paid close file
- Save files in Google Drive for records.
