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Last Post 12/29/2008 12:46 AM by  iCAT
Flood VS Windstorm Claims Best Choice ????
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texasbbj
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Posts:5


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09/24/2008 9:55 AM
    I am a experienced outside property adjuster who has primarily worked windstorm claims for 5 years. With the "Ike" damages in the Houston area, I have a opportunity to work Flood Claims (Have NFIP lic.) and I would like experienced adjusters thoughts and views on working the flood claims aspect vs the windstorm claims. Thoughts on pay of course, but also thoughts on the time frame to close claims in flood vs windstorm as well as any others wisdom/experience/suggestions thoughts you may have to offer. Greatly appreciate your views!
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    Leonard
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    09/24/2008 5:38 PM
    After waiting so long for any kind of work, it is good to have a choice. If you have 5 years of windstorm experience, prudence says to go with what you know. You will be able to successfully conclude more claims in the same amount of time and prove your worth to your vendor for future storms.
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    iCAT
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    12/29/2008 12:46 AM
    I would agree with Leonard; trying to learn flood is not the prudent thing to do in the middle of a storm and it could cost you serious time and money. There are a lot of things that need to be addressed in a flood file. You need to have a system and contingency plan to handle flood losses in a manner for fast closure. A flood file is very time consuming and to close them fast, I have a certain manner I handle my flood claims. I actually work both types of files but my preference is flood. I would suggest finding someone who works flood and can mentor you in this journey. I have lots of re-inspections under my belt on flood over the years and I have found tons of mistakes from wrong dimensions, missed scopes, inaccurate prelims and final reports, weak narrative reports. I am not trying to dog anyone out but my stance is that anyone transitioning from wind to flood needs proper guidance to make sure the transition goes smoothly. In a wind loss a narrative is normally short and sweet; with flood you need to explain in-depth the loss, the damages and what you are covering and why. I have had narratives that were 3 to 4 pages long and the rule of thumb I use is you answer all questions before they are asked. It can be very aggravating if you have to revise a file to r three time to get it right.
    We get it right the first time
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