|
 |
 |
Property Loses |
|
|
PROPERTY LOSS SUPPORT : |
The Property Loss Resolution Process : |
PRELIMINARY CLAIM ASSESSMENT |
|
|
 |
Initial Client Meeting |
|
Document Retrieval |
|
Document Review |
|
Interviews |
|
Outline Claim |
|
Establish Claim Strategy |
| |
|
|
|
DEFINE THE SCOPE |
|
|
|
Perform site inspections and damage assessments |
|
Determine the type and quality of materials and construction methodologies uesed |
|
Obtain and analyze all relevant documents |
|
When less than a total loss, propose a repair methodology |
| |
|
|
|
PREPARE REPLACEMENT COST ESTIMATE |
|
|
|
Quantity survey |
|
Breakdown work scope into specific categories and sub-categories |
|
Identify applicable code upgrades, ADA upgrades, and other jurisdictional requirements |
|
Apply costs to the work, assuming like kind and quality |
| |
|
|
|
PROVIDE SETTLEMENT ASSISTANCE |
|
|
|
Prepare merit determinations and analysis of claims made by the Insureds |
|
Identify andy areas of embetterment or excessive scope |
|
Establish a pre-negotiation strategy |
|
Use comparison spreadsheets and presentation graphics where effective |
|
Arrive at a fair and reasonable value of the loss |
|
Negotiations, mediations, arbitrations, depositions, expert testimony |
| |
|
|
|
Construction Defects
Property Losses
Estimate Format |
| |
|
|
