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Good topic Ray.

Having been involved in claims that had carpet hand made and some that cost $3000.00 per Yd (That is NOT a typo) is is incumbent on an adjuster to know what they are dealing with.

Some imported marble is , in many ares, extremely expensive, and the PH's have the receipts to prove it.

Once upon a time, we had a loss in a mansion that had a wool carpet stair runner that cost 2500.00 a linial foot at the manufacturer.

Like Dave Crockett said, be SURE you are right and then go ahead.

Just curious, Tom...(or anyone else).  Has ITEL been beneficial on imported rugs/carpeting?  Asking because I never used ITEL for those types of floor covering.

Did have one carrier that insisted on using ITEL on each & every loss.  Same carrier also insisted on 12 hail hits per square.

I tried to save them time & money on several carpet losses when the carpets were less than 2 years old, and the insured's had the original material/installation invoices.  But said carrier insisted I send the sample to ITEL.  In each and every instance, the pricing came back $5-10 per sq yd higher than the local RC.  So, at said carrier's direction I re-wrote the estimate using ITEL pricing less applicable depreciation.  Insured's ACV was still higher than the actual current RC.  Payment by the carrier was held up by an additional 7-10 days vs. using the local floor covering co's original invoice scanned & emailed along with my 1st estimate.  

I understand smaller markets may make a difference in ITEL data as well as XM8 data, but it all comes down to the same point that was brought up here originally. 

  

 

I have never used Itel on Imports. I have an Import expert that I use. The carrier you are referencing does require Itel on all carpet claims. They also pay on a fee schedule, correct? The cost of carpet is higher than requested by insured per carrier standard procedures, you earn more.

NO PROBLEM DUDE!!