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WilburBarnes63026
14 Posts |
 Posted - 04/04/2004 : 22:34:52
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Czar...I fully agree with you. I'm just at odds with the suggestion that we have the right to insist that an insured get rid of their contractor just because there's a problem in cost.
My feeling is that we need to attempt to work with the insureds contractor......'till it becomes clear they're trying to retire, at that time, yes.......move on |
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Gale
USA
231 Posts |
Posted - 04/04/2004 : 23:18:31
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| Doesn’t by law only the insured has the first and last word as to which contractor they will use? |
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Czar
USA
66 Posts |
Posted - 04/04/2004 : 23:33:51
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Gale:
I don't believe any carrier would direct their insured towards a certain contractor (liability issues. But if a contractor is not willing to negotiate, the insured has the option to obtain a different contractor or pay the difference out of their pocket. I have never seen a carrier hesitate to bump up the settlement figure to resolve a claim. But we have been talking about here is when the contractor's bid is so excessive that there is no room for negotiation. I would also add that I have seen carriers give their insured the names of contractors in the area who will do it for their price. Is it right? But if there are contractors in the area who will do it, that is what is owed. |
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Reconstruction Man
124 Posts |
Posted - 04/05/2004 : 00:21:10
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Czar,
"But if there are contractors in the area who will do it, that is what is owed".
If 2 roofing contractors in the area carried WC, liability etc, and 8 did not, who has the prevailing rate now?
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Reconstruction Man
124 Posts |
Posted - 04/05/2004 : 00:33:47
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Czar,
"But if there are contractors in the area who will do it, that is what is owed".
If a given local contractor is higher than other contractor's for reasons you may or may not know about, you "owe" for the competive rate range in the area.
That range can be mighty broad depending on office rent, payscales, benefits, insurances and other [carrier anticipated] premium values.
Try that in our market. First though, have your E&O paid up.
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Reconstruction Man
124 Posts |
Posted - 04/05/2004 : 00:50:11
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Czar,
"I just received a $70,000.00 estimate for a motel fire. It involved one room totaled, painting and general cleaning up in two others, and some exterior painting. After writing up my scope and estimate I came up with $32,000.00. Do we see a problem here?"
1. The motel room was actually a Hilton presidential suite?
2. The paint was custom 24k one coat?
3. The cleaning was asbestos related?
4. He was negotiating?
5. He was our so called "competion"?
6. You applied South of the Border prices in California?
7. You removed WC, Liability and OHP factors?
8. You made the story up?
9. His 3's look like 7's?
10. He's a goofball?
Just messin' with ya'...
Seriously, how did he/she explain the differences? |
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katadj
USA
315 Posts |
Posted - 04/05/2004 : 01:47:47
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It may be time to settle down and concentrate on what really is important to each of us.
All that is necessary for the triumph of evil is that good men do nothing.
Edmund Burke |
Edited by - Tom Toll on 04/05/2004 07:36:50 |
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adjuster12
USA
21 Posts |
Posted - 04/05/2004 : 15:52:14
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I had a large fire loss in NJ, inspected with PA and agreed on scope. Agreed to exchange estimates so we could set cost to repair. PA and their contractor wrote $260K, I wrote $165K, they immediately agreed and sent proof signed by the insured.
Over the years this has happened alot and on a lark I reinput their entries in xactimate and came out at $172K. So the moral is, write your own estimates after agreeing on scope with insured's or their rep. Then be a little flexible as time, delivery, actual cost (this was not a total)
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Czar
USA
66 Posts |
Posted - 04/05/2004 : 20:26:16
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Recon:
First the problem was the scope. They went through every room adjacent to the room of origin and considered clean paint seal. They did not tend to notice that these rooms were smoking rooms, and the smoke smell was from someone's cancer stick and not the fire. Then they want to charge for needed drywall, plumbing, electrical, carpeting, finishing work, which in the pricing includes labor. Then they wanted additional labor costs for a drywall hanger, electrician, plumber, capping it off with executive fee of $8,000.00. All in all the extra labor charges came to $14,000.00. When I questioned him on the executive fee, he told me it was for one of his guys to be at the site during the repairs. Do you see a problem with a guy smoking a cig and eating a donut in the parking lot, he thought this was a government project. When I talked to the guy last week, we settled on $34,500.00. Now your going to try and tell me that they weren't fishing for an inexperienced adjuster. |
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adjuster12
USA
21 Posts |
Posted - 04/05/2004 : 20:55:55
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| Give the man a cigar!!!!!!!!! That's EXACTLY what they were looking for |
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Reconstruction Man
124 Posts |
Posted - 04/06/2004 : 09:34:39
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Question:
-Regarding the Isabel [flood] issue.
Why in the world would an educated decision be made to use new construction processes / pricing software in leu of well known reconstruction processes / pricing software?
Wonder who all knew, and why it was a good thing to promote / practice?
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KileAnderson
USA
875 Posts |
Posted - 04/06/2004 : 13:56:57
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| Like I said in the Isabel thread. I believe the software issue is a complete red herring. It is the same software that is used to figure insurance repairs on all kinds of other non flood losses. As long as allowances are made for tear out and debris disposal it shouldn't really be an issue. Once this little scandal dies down I don't think the software or the price lists will be the real issue anymore. |
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ALANJ
USA
159 Posts |
Posted - 04/06/2004 : 17:08:00
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| Why do insurance companies have price databases built into x-mate which are less than than the database on the version which is bought direct from x-mate. Kile, this whole thing is just getting started. However, it will be a year or so before we feel the trickle down affect. |
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KileAnderson
USA
875 Posts |
Posted - 04/06/2004 : 18:22:49
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| Like all things of this nature, as soon as the election is over it will all die down and nothing will ever be done about it because there isn't a problem to begin with. The flood policy is a very bare bones policy and some very oblivious people are finally begining to realize it. |
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ALANJ
USA
159 Posts |
Posted - 04/06/2004 : 22:23:57
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Has anyone else noticed the hit meter to our little playground lately. Does anyone think that this large increase of hits are from adjusters. I believe Mr. Green has brought our playground a whole new bunch of playmates. They may not be playing. But it appears they are watching us pretty close. Who would be paying us that much attention? With that being said, I'm willing to bet some major changes will be coming down the pike within the next year. I suggest we all get ready.
Thud!! Was that someone giving the association dead horse a elec. jolt trying to bring him back to life? Something to think about. |
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The perils of poor performance: Volume 1
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