We review your policy and damage details, complete thorough inspections, prepare our value of the claim, and manage all the documentation to secure a successful settlement.
GET A FREE CONSULTATION
We’re not lawyers, and we’re not insurance agents. We’re insurance adjusters -- just like the ones assigned from the insurance company. The only difference is that we work for you, to get the proper compensation for your claim.
Ironclaim’s public adjusters give you the confidence that an experienced team is fighting to maximize your settlement based on damage sustained. To do that, we review the terms and conditions of your full policy, build a claim with accurate rebuild costs, and hold the carriers to market-rate pricing to restore your property. We also develop thorough contents and equipment inventories as well as prepare your total financial loss documentation.
We personally document everything: structural damage, personal property, extra expenses, and lost revenue, making it easy to maximize your chance of getting what you deserve.
You get the assurance of knowing that an expert is reviewing your policy, negotiating your claim, and following up with your insurance to settle your claim and avoid common issues.
Three things determine our claim strategy: the policy, the loss sustained, and the client's goals. When all three are known, our reps work daily to secure an appropriate resolution as quickly as possible.
1
Review your policy.
With a deep-dive into your multi-page policy, we will determine the available terms and conditions applicable to your claim.
2
Prepare Xactimate™ estimate.
We document damaged property and contents and create an immediate pathway to recover your loss on a line-by-line basis based on current market prices.
3
Manage negotiations.
We’ll present your full structure claim to the insurance provider, with tracking across all areas of coverage for your building. Then we’ll follow up frequently while the carrier is reviewing our figures, keeping you updated with our progress the whole way.
4
Settle the claim.
Our goal is always to achieve our client's specific goal for their claim, whether they are interested in receiving the max settlement possible, or are prioritizing fast construction. Either way, we settle successfully for our clients.
5
Review your policy.
With a deep-dive into your multi-page policy, we will determine all available personal property coverages, including food spoilage, fine arts, and electronic data processing.
6
Inspect Online
Preparing a detailed contents inventory can take hours. Our time will be spent doing what is necessary at the property site to capture photos of all the damaged items for input into contents inventory software. We then request a monetary advance based on the walkthrough.
7
Prepare an inventory.
We use the photos from the onsite inspection as well as client inventory and supply lists to formulate an inventory, and package up all contents loss.
8
Begin negotiations.
We’ll present your full claim to the insurance provider with inventory in place. We’ll follow up every day, and keep you updated on our progress.
9
Settle the claim.
Typically we have to argue the depreciation that has been applied to the content inventory or push for items that the carrier would rather repair than replace. We don’t close the claim until you’re satisfied with the personal property offer.
10
Review your policy.
With a deep-dive into your multi-page policy, we will determine all available terms and conditions applicable to your claim.
11
Prepare financial valuations.
We provide documentation of all lost revenue and additional costs incurred. We work with accountants between our team, the carrier, and the client to create a pathway to ongoing payment and reimbursement.
12
Begin negotiations.
We’ll present your full claim to the insurance provider, with business interruption, extra expense, and additional living calculations based on your policy. We’ll follow up every day, and keep you updated on our progress.
13
Settle the claim.
The financial impact of the claim can be calculated up through the last day that repairs are complete. We work with our clients to negotiate the financial impact based on their priorities for each property so they can successfully close the loss.
Visits each damaged building to determine proper structure scope and contents loss
Provides documentation of claim value using the same software as insurance company
Typically has a maximum fee limit of 10% of the overall claim settlement
Only gets paid when the policyholder gets paid
Does not perform field work inspecting damaged sites
Does not prepare contents and equiptment inventories
Contingency fees can be as high as 30-40% of the settlement
May charge hourly rates for the work performed on the claim
We care that insurance claims are settled properly, whether we are involved or not. Our relationships with our clients matter and that starts with adding value right away. Give us a call and we'll give you our best advice on how to move forward.
