"INSURANCE CLAIMS HAS NEVER BEEN THIS ORGANIZED, TENACIOUS, AND EFFICIENT"
❌ Are you leaving money on the roof because it’s too time consuming to supplement and deal with the Insurance Company?
With the time required to manage the other parts of your construction company, it’s no wonder there is little time left to dedicate to this area of your business. Outsourcing offers a low-cost way to manage this important piece of your company. Placed in the right hands, this is a profit center returning great dividends. I suggest a passionate person dedicated to their craft that has driven motivation and a burning desire to contribute to the overall profitability of your business. This person should be an extension of your office/contract employee, utilizing company email and have excess to each file via shared link or sign-in to construction management software. This person should provide weekly/monthly reports showing a dashboard view of all files at a glance. The report will show bottlenecks, if any, and provide a powerful tool to help you manage your business and cashflow.
We provide Xactimate Estimates complete with pictures and detailed notes of why our line items are different. We re-write the estimate in the same format, line item by line item to help facilitate a quick review by the Insurance Carrier. We then file the revised estimate and explain the differences with the adjuster at the Insurance company and retrieve the revised estimate from the carrier with the supplements added.
❌ Does your Business Lack Structure/Workflow?
It’s okay to admit as a business owner that certain components of the everyday operation are not your strong suite. You cannot underestimate the value of Construction Management Software with 100% participation throughout the job lifecycle by all employees, business owners included! The stress-free life of following the workflow and keeping the job organized will pay dividends that will last a lifetime. You choose to run the business or have the business run you. No one should spend time running around putting out fires. Good structure/workflow is your fire insurance. Having the ability to share information in real time with all employees involved is paramount to your success. Cloud computing is inexpensive today and easy to implement. Just call us to get started.
❌Is your Cash Flow effected by slow turnaround on filing the “Final Invoice” and tracking down the last check?
We will send your final invoice and call the Insurance Company every two to three days until we confirm the last check is heading out. This last check in most cases represents a large percent of the overall profit on the job, it’s imperative to not drop the ball at this stage. Having weekly reports showing each claim and it’s current stage or status will help manage cashflow as well as keep the sales people on track picking up that last check.
❌ If this were a free service, would it appeal to you?
The average increase on claim over the past 5 years with Insurance Supplements is north of 40%. We realize there is added cost to added work so we do not quote this as 40% added profit. However, there are times when it is 100% added profit. The ROI is around $7.00 for every $1.00 you spend with me. In addition, you get job processes and workflow that everyone can benefit from if you choose to implement it.
WHAT DO WE HELP YOU TRACK? PRETTY MUCH EVERYTHING, BUT HERE'S A SAMPLE.
STORE AND MANAGE CLAIMS PROCESS
CLOUD STORAGE OF EVERY CLAIM WITH 24-7 ACCESS FOR EACH PERSON ASSIGNED TO THE JOB.
MANAGING YOUR CONSTRUCTION BUSINESS AS EASY AS DRAG AND DROP
FOLLOW THE FINAL CHECK TO THE CUSTOMER'S DOOR.
✔️Comprehensive Claims Management
✔️Supplementing for Missed Items, Code Items, GC O&P
✔️COC /Final Invoice Filing
✔️Tracking and Weekly Reports on the Final Check
✔️Proven Job Workflow to Streamline and Speedup the Insurance
Restoration Claims Process for Restoration Contractors
A Construction Management Software is easy to understand and enables us to deliver reports identifying the job throughout all stages.
WHAT DO WE HELP YOU TRACK ON EACH CLAIM? PRETTY MUCH EVERYTHING, BUT HERE'S A SAMPLE:
PROVEN JOB WORKFLOW TO STREAMLINE AND SPEEDUP THE INSURANCE RESTORATION CLAIMS PROCESS.
FILE THE CERTIFICATE OF COMPLETION AND THE FINAL INVOICE IF NEEDED.
WEEKLY FINAL PAYMENT REPORTS
WEEKLY JOB REPORTS THAT CAN ASSIST WITH CASHFLOW
Days in Status/Stage
Date Created, Date Updated
Insurance CompanyDate Of Loss
Insurance Scope Amount
Total Increase On Job
WOULD YOU LIKE TO ADD 20% TO 30% DIRECLY TO YOUR BOTTOM LINE PROFIT?