Insurance Claim Consultants, Inspection, Appraisal, and Public Adjusting Services in South Dakota
Insurance Claims Consulting Services
Getting the most out of your insurance claim is a cumbersome task. Although there are adjusters at the insurance companies who would fantasize you into thinking that they are working for your benefit, but in reality, all their loyalties are associated to the company, not YOU.
No matter the reason for the insurance claim, you have numerous issues with which to deal with, including cleaning up, repairs, and regaining a sense of security. You may be displaced, for the time being, forcing you and your family to find a new normal. Inspect Write will work with the insurance company on your behalf, through the claims process, while you and your family work hard to move forward with your life and your home.
Knowing the fact, we at Inspect Write, provide insurance claim consulting services to the policyholders to reap as much advantage as possible regarding their claim. Leave the claims handling to us. We know the problems encountered while getting the deserving settlement for your claim, we ensure to aid a satisfactory negotiation between the insurer and the insured.
We are a claim consulting group whom address all kinds of issues regarding acceptance of claim by the insurance company or receiving adequate finance to cover the damage to the insured’s property. Our claims service expertise is #1 in the state!
We provide a quality service that caters the needs of our clients. Under our team, we have well-trained, diligent personnel who are experts at what they do and strive hard to get things done for you and relieve you of the hectic claim settlement process. We make certain to put our client’s satisfaction as a priority which is a reason our clients put their trust in us. All our clients need to do is to come up with an issue, and we’ll take the responsibility from there.
Insurance Appraisal Services
What is Appraisal and How Does it Work?
Many times during the claim process there will be a dispute over the value of the damages, in these situation insurance appraisal may possibly be the best option to settle your claim. It is known as an Alternative Dispute Resolution and by invoking appraisal per the policy, it removes the insurance carrier from the claim settlement amount. Appraisal is binding in most policy language.
The term Appraisal is often confused as many people automatically think about appraisals as they relate to real estate with buying or selling a home. This is not the case with insurance claim damage appraisals.
Appraisal for Insurance Claims is a provision in many policies that once invoked will put the resolution of the claim in the hands of the Appraisal Panel which consists of 2 insurance appraisers and 1 umpire, any 2 of the 3 signing an award will settle the claim.
Insurance Claim Appraisal has unfortunately been removed out of many policies, replaced with Mediation, Arbitration or modified in others. You will have to check the ‘Conditions’ section of your policy to see if Appraisal may be available to you. Inspect Write can assist in the review of your policy information to confirm if it is an option.
*Below is a sample of how one insurance policy defines the insurance appraisal provision.*
Insurance Appraisal Clause
Sample Insurance Claim Appraisal Award
Estimate Audit & Re-Write Services
Inspect Write uses the same estimating software for the insurance repair industry Xactimate®, this software system for estimating the cost of repairs and reconstruction for residential and commercial structures.
By using Xactimate, Inspect Write can quickly and easily sketch your:
While Inspect Write and most Insurance Carriers use the same estimating platform, not all adjusters are created equal. You never get to pick your adjuster or their experience when they show up and handle your insurance claim. Your scope of damage and estimate figure is only as good as your adjuster is knowledgeable on identifying damage and knowing the proper remove and replacement practices by a contractor.
Many times, when we re-inspect or audit an insured's estimate they were provided from the insurance company, we have been able to identify missing line items and allowances which have resulted in the Insured being shorted 20-30% of the insurance allowances in some cases. We will be more than happy to do an estimate audit to confirm if you have been fully indemnified by your insurance company or if there are left off details which may cost you more than just your deductible out of pocket.
You can assure our estimates are thorough and detailed and take into consideration the entire repair/rebuild operations needed for your property. Each structural repair and cleaning database contains more than 10,000 unit-cost line items. Inspect Write will use our knowledge and construction background along with the estimating platform to give you a detailed estimate which will include:
We have in-house damage estimate writers who will be sure to provide you with a detailed, line by line estimate that accounts for current building codes and laws which all play an important role in ensuring you are not getting a piecemeal estimate from your insurance company.
Public Insurance Adjusting
What is a Public Insurance Adjuster?
Insurance companies employ a number of professionals to help determine the “value” of your claim. Often, the company will send out an adjuster to evaluate your claim and assess the damages. A public adjuster is a person that is entirely impartial who is hired to determine the loss involved and work with the insurance company on your behalf. A public adjuster is YOUR advocate when you are dealing with a loss and is paid through a percentage of the recovered loss.
Imagine coming home to a ransacked home. You have been robbed. Everything you have ever owned has been thrown about as if it was just another piece of useless junk. Your valuables are missing or destroyed. Your sense of security is out the window. The good news is that you and your family were not home. Yet, you do not feel safe in your own home. And the possessions and family heirlooms that you hold dear are gone, broken, or completely ruined.
Of course, you have home owner’s insurance. Once you have contacted the police, you call your insurance company. Your insurance company has a team of professionals that will work on their behalf. They will question everything about your claim and put you under a microscope as you are working to heal from the trauma related to the event. Therefore, it would be in your best interest to make sure your third phone call is to your public adjuster.
The public adjuster will determine your loss based on a series of calculations relating to your loss. While you work to rebuild your life and heal from the ordeal, the adjuster will work with your insurance company to ensure you are made whole once again.
Whether it was a home invasion, a fire, a flood, or any other number of issues that can lead to a claim against your homeowner’s insurance policy, Inspect Write s are here to help. As public adjusters, we are here to advocate on your behalf to obtain all of the money you are entitled to receive. We do not receive a payment until you are paid your benefit.
Therefore, it is in our best interest to work in your best interest. We note an average of 20% to 30% margin of error between our scope of damage and accurately written estimates vs. what the insurance company proceeds reflect and settlement check our clients receive.
South Dakota Public Adjuster representation typically results in larger payments to policyholders.
While attorneys typically will take 20% to 40% of your claim settlement or charge expensive hourly rates, your Public Adjuster will effectively prepare, present, and negotiate your entire claim for a nominal percentage of the final claim settlement they secure for you. A Public Adjuster provides clients with the optimum path to expedite and maximize their financial recovery.