A fire, water leak or other damaging event to a building can be very disruptive and traumatic, and the repairs can be expensive.  In such times the help of knowledgeable consultants can give clarity, direction and assurance that important issues are being addressed.

The insurance provider’s adjuster will document the conditions and extent of the observable damage to the areas affected by the damaging event.  Based upon insurance coverage, the adjuster will present a written estimate calculating the amount of reimbursement for the repairs.  The estimate often shows the actual cash value (ACV), reimbursable cash value (RCV), deductibles, or all three. 

Many providers use an estimating program known as Xactimate.  Xactimate was developed for the insurance industry for the purpose of  standardizing the estimation of costs for repairs.  Xactimate unit prices are updated periodically to account for changes in labor and material costs.

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