Public Adjusters for Commercial Collapse Damage
When handling your insurance claim, keep in mind that collapse can be interpreted in different ways, so you want to avoid receiving less than what you deserve.
Some buildings are vulnerable to collapse, and for a variety of reasons. In most cases, collapse is already built into your commercial property insurance policy because it can happen to you regardless of where your business is located. In the North, heavy snow on your building may cause roof collapse. In the South, air conditioning units on the top of your building may weigh down and weaken the roof to the point of collapse.
Is the damage partial or total? Your insurance company’s team will have their own interpretation about the extent of the property damage and what is covered in your commercial insurance policy. Who is on your team working to protect your interests? Our experts have the experience and resources to evaluate and document your damage in detail and negotiate your claim for the maximum amount. When your business is at stake, you deserve to rebuild and continue operations as quickly as possible.
What To Focus On After Collapse Damage
What is my agent or broker’s role?
How do I keep my employees?
How do I keep my customers?
Why is a claim strategy so important?
Am I impacted by coinsurance?
What do I need to know about the insurance company’s adjuster and experts?
Am I entitled to an advance from the insurance company? What is reasonable?
What does it mean when the insurance company recommends a preferred vendor? Who will this vendor actually be working for?
Contractors may tell you they can do what public adjusters can do. Can they really? What is their background and education in insurance? Are they licensed and bonded? In many states, like California, it’s against the law to practice without a license!
The policy says it is your responsibility to submit a reconstruction estimate. Why would the insurer want to do it for you?
What is the difference between functional replacement and true replacement cost coverage and why should you care?
How is actual cash value determined?
Can you do the repairs yourself? Are you entitled to the overhead and/or profit that a contractor would typically charge?
What are the benefits and the pitfalls of not replacing your building?
Do you have to replace on the same site? Can you buy or build elsewhere?
Can you collect building code enhancement coverage if you build elsewhere?
How quickly can you start rebuilding following a loss?
How much of my time will this take?
Property Damage Losses Commercial Claims Recovery Process
How Our Public Adjusters Help You
- Evaluate Fully reviewing your insurance coverage.
- Strategy Developing a claim management strategy.
- Compliance Determining policy compliance issues.
- Valuations Completing detailed valuations of building, equipment and inventory losses.
- Interruption Formulating business interruption models.
- Itemization Presenting and supporting an itemized claim package to your insurer.
- Negotiation Negotiating on your behalf with your insurance company.
- Communication Keeping you informed every step of the way.
- Settlement Ultimately settling the claim for the maximum amount and with less hassle for you.
Industries Our Public Adjusters Have Helped
Client References & Testimonials
- Adcor Industries Inc.
- Beaulieu Of America, Inc.
- Harris Farms, Inc./Harris Fresh/The Harris Ranch - Coalinga, CA
- M & L Properties - Utica, NY
- Orix Real Estate Equities Inc.
- Port Authority of New York & New Jersey - New York, NY
- Rosenberg & Estis, PC
- Saul Associates
- State of Oklahoma - Oklahoma City, OK
- York International Corporation
We had a 30,000 sq. ft. building collapse on our site. Within a few hours of my call, your office responded and took over the whole claim for us. We were able to recover a sizable settlement from our claim, allowing us to continue operating our business...The speed at which the claim was processed shows the hard work, professionalism and respect that your firm commands in the industry. Thank you very much for your help.Matthew A. RobertsPresident, Co-Owner - Sherrill Manufacturing
In February...my warehouse suffered a catastrophic collapse due to the heavy snowfall we received...I am impressed with the thoroughness and professionalism of Adjusters International. [Your public adjuster] took charge of the process and made sure everything moved forward...was able to develop an effective relationship with the adjuster for the insurance company and guide the process to an excellent conclusion. The results I received with your company were exceptional.William Van Slooten
- Case Studies