Learn How to Successfully Handle a $2 Million Water Damage Claim - Claim Study #10
Almost every public adjuster out there hopes to land a large commercial loss.
But with more money comes more work.
Could you handle 63 units in one claim?
And could you handle 63 water damage claims in one?
In this week’s YouTube video, I will walk you through the process we used to successfully handle a two-million-dollar commercial claim.
The key points taking us to success were:
👉 A good understanding of the policy.
👉 High-performing flood mitigation company we recommended to the association.
👉 And choosing litigation instead of the appraisal process.
It was tough, I’m not gonna lie.
This claim took more than a year to finish. In the beginning, things were going smoothly, but the first payment was lower than expected, so we tried taking the appraisal route.
However, we couldn’t agree on the scope with the insurance adjusters.
And then it got ugly. Insults-throwing ugly.
So we finally chose to go to litigation.
And here we are, around a year later, the claim signed for around 1.8 million. We are happy, the homeowners are happy, and you get to learn from it!
Don’t miss your chance to improve your claim workflow concerning large commercial losses!
👉 Shoutout to our sponsor Black Diamond Housing Services 👈
Relocating a displaced family from their home means more than just finding a temporary place to stay. It involves immediate and personalized attention upon the initial notice of property loss to find a suitable and customized temporary home. Their team of experts quickly step into action to locate and secure the best possible housing solution for homeowners in need.
They provide all of the necessary money that needed as needed to be done for the homeowner to go and move to another place whether there’d be a hotel or another home or whatever it is they bill through their insurance policies lost abuse coverage and they provide financial assistance so that the insured never has to incur any out-of-pocket expenses.
Whether you’re a public adjuster contractor or an attorney, if you have a client that has suffered any kind of catastrophic loss whether that be by fire or storm or just any catastrophic loss that requires your client to have to move out and incur and loss of use coverage you need to think about looking at Black Diamond Services.
👉 Website: https://www.bdhousingservices.com/