What’s wrong with this insurance estimate? – Episode 02
In this video we look at a USAA adjuster estimate, written before contractor involvement for $10,795.14.
Our client was hired as the contractor. We submitted an Xactimate estimate to USAA for $22,760.27, which we review in the video.
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What’s wrong with the insurance Xactimate estimate for this roofing/exterior job? And how to get Overhead & Profit (O&P) paid on your jobs.
Have you ever seen an insurance estimate written by an adjuster that was great? Are you sure it was great?
This video addresses some commonly missed items that can make a great looking estimate seem horrible.
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Contractors, if you don’t know how much the insurance companies pay for repairs, you aren’t generating the correct amount of income…
Strange things happen after a hail storm.
First, many times it appears that property owners with major hail damaged roofs are mostly unaware that their roofs need to be covered to prevent water from leaking through to the interior.
Some do appear to catch on eventually, but even those folks seem to only think it’s important to cover the roof in patches.
Just look around after a hail storm. Soon patches of tarps will start to appear on roofs. But rarely do roofs get covered 100%.
This is wrong for two reasons:
First – and perhaps foremost –
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