Property Insurance Claims: Negotiating Unfamiliar Terrain

ADJUSTERSINTERNATIONAL.COM

ADJUSTING TODAY

Room: Exterior & Interior LxWxH 110’0” x 70’0” x 12’0”

Subroom 1: OCTAGON SEC.

Formula Trapezoid 70’6” x 26’0” x 24’0”

8,432.00 SF Walls

9,147.50 SF Ceiling

17,579.50 SF Walls & Ceiling

9,147.50 SF Floor

1,016.39 SY Flooring

531.33 LF Floor Perimeter

3,012.00 SF Long Wall

1,454.00 SF Short Wall

531.33 FL Ceiling Perimeter

Sample Business Personal Property Inventory

Detail is imperative in documenting everything from large items to the contents of a desk drawer.

Replacement Depreciated Quantity Description Each Cost Age Depreciation Amount ACV

1 Lacasse 400E workstation, U-shaped $ 3,720.00 $ 3,720.00 1 Yr. 6 Mo. 10% $ 372.00 $ 3,348.00

1 Lacasse 400E 2-drawer mobile pedestal $ 682.50 $ 682.50 1 Yr. 6 Mo. 10% $ 68.25 $ 614.25

2 HON oak laminate pedestal desk 36”x72” $ 1,281.50 $ 2,563.00 1 Yr. 6 Mo. 10% $ 256.30 $ 2,306.70

1 HON 4-drawer vertical file cabinet $ 1,303.50 $ 1,303.50 1 Yr. 6 Mo. 10% $ 130.35 $ 1,173.15

1 HON 5-drawer vertical file cabinet $ 1,124.75 $ 1,124.75 1 Yr. 6 Mo. 10% $ 112.48 $ 1,012.28

1 Norson oak veneer bookcase 36”x72” $ 1,782.00 $ 1,782.00 1 Yr. 6 Mo. 10% $ 178.20 $ 1,603.80

1 Norson oak bookcase $ 673.75 $ 673.75 1 Yr. 6 Mo. 10% $ 67.38 $ 606.38

1 Lasro 48” oak octagonal table $ 823.62 $ 823.62 1 Yr. 6 Mo. 10% $ 82.36 $ 741.26

1 Miller oak laminate desk 30”x60” $ 812.62 $ 812.62 1 Yr. 6 Mo. 10% $ 81.26 $ 731.36

1 Plan Hold 5-drawer blue print flat file holder $ 2,700.50 $ 2,700.50 1 Yr. 6 Mo. 10% $ 270.05 $ 2,430.45

1 HP 900 fax machine $ 2,118.75 $ 2,118.75 2 Yr. 6 Mo. 15% $ 317.81 $ 1,800.94

1 Canon NP 4835S copier $11,806.25 $11,806.25 2 Yr. 6 Mo. 15% $1,770.94 $10,035.31

1 Coach briefcase — Metropolitan $ 482.50 $ 482.50 1 Yr. 6 Mo. 15% $ 72.38 $ 410.13

2 Framed pictures — mushrooms $ 100.00 $ 200.00 1 Yr. 6 Mo. 5% $ 10.00 $ 190.00

1 Kenmore upright vacuum cleaner $ 375.00 $ 375.00 1 Yr. 7 Mo. 20% $ 75.00 $ 300.00

1 Sharp calculator $ 52.98 $ 52.98 3 Mo. 5% $ 2.65 $ 50.33

Subtotal $31,221.72 $ 3,867.40 $27,354.32

Debris Removal 5% $ 1,561.09 $ 193.37 $ 1,367.72 Sales Tax 6% $ 1,873.30 $ 232.04 $ 1,641.26 Total $34,656.11 $ 4,292.81 $30,363.30

Sample Building Estimate

Building estimates should encompass every detail in building reconstruction.

DESCRIPTION UNIT UNIT COST TOTAL

Stud wall – 2” x 6” OC 10,904.00 SF $2.75 $ 29,986.00

Sheathing – plywood – ½” CDX 8,376.00 SF $1.47 $ 12,312.72

Rafters – 2”x12” – 16” OC 9,147.50 SF $3.44 $ 31,467.40

Batt insulation – 6” – R19 8,432.00 SF $1.14 $ 9,612.48

Batt insulation – 12” – R38 9,147.50 SF $2.03 $ 18,569.43

Siding – board & batten 8,432.00 SF $4.30 $ 36,257.60

Seal then paint/finish wood siding 8,432.00 SF $1.34 $ 11,298.88

Sheathing – plywood – 5/8” CDX 18,115.00 SF $1.80 $ 32,607.00 Concrete slab on grade – 6” 9,147.50 SF $9.98 $ 91,292.05

Footings – 24” x 10” 529.00 LF $10.40 $ 5,501.60

Soffit & fascia – wood 1,058.00 LF $9.37 $ 9,913.46

Commercial electrical (SF of bldg) 9,147.50 SF $10.92 $ 99,890.70

Heat, vent, air conditioning repair 10,000.00 SF $19.20 $192,000.00

Joist – ceiling – 2” x 10”– w/blocking 9,147.50 SF $2.29 $ 20,947.78

Sheathing – plywood – ¾” CDX 4,000.00 SF $1.99 $ 7,960.00

2” x 6” lumber – treated sill 531.33 LF $2.40 $ 1,275.20

Glue down carpet – commercial grade 884.73 SY $44.55 $ 39,414.73

5/8” drywall – hung, taped, heavy texture 26,727.00 SF $1.75 $ 46,772.25

Seal then paint walls & ceiling (3 coats) 26,727.00 SF $0.90 $ 24,054.30 Total $721,133.58


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