Insurance Consulting and Appraisal Services

We can provide Carriers, Homeowners, Property Owners, Engineers, TPAs, IA firms, Public Adjusters, Contractors, or anyone adjacent to the insurance industry with an objective, fair value option on total indemnification costs related to any loss in the property insurance field with our Xactimate Estimating Services for industry professionals who work for businesses and property owners.

Insurance Consulting

Homeowners

Get expert advice on projected mitigation and restoration costs after your home suffers a loss covered under your policy. We can assist with navigating your policy and help interpret what may or may not be restored under its provisions. We can also provide a complete, detailed estimate to restore your property that you and your contractor can submit to the carrier.

Contractors

Let us review scope, pictures, sub-contractor estimates, and the policy to get you and your insured whole again without leaving anything on the table. Something as simple as an incorrect price list can add a significant amount to the final restoration costs.

Business Property Owners
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Risk Assessment

  • Evaluate your property to identify potential risks: fire, flood, theft, liability, natural disasters, tenant damage, etc.
  • Suggest risk mitigation strategies (security systems, fire prevention, maintenance programs).

Policy Analysis

  • Review your existing policies to check for gaps or unnecessary coverage.
  • Compare property insurance policies, including building, contents, business interruption (if commercial), and liability coverage.
  • Ensure policy limits and deductibles align with your risk tolerance and financial position.

Claims Management Support

  • Help you document claims and communicate with insurers.
  • Review insurance company settlement offers and advise on fairness.
  • Sometimes act as a liaison or advocate with insurance companies.

Cost Optimization

  • Recommend strategies to reduce premiums without underinsuring.

Umpire and Appraisal

Xactimate Estimating Services for industry professionals who work for businesses and property owners.

Carriers

We can provide licensed adjusters with extensive experience for your mediated claims.

Property Owners

Get an independent authority that resolves disputes between policyholders and insurance companies. They are especially useful if:

  • Your insurer denies a claim you believe is valid.
  • The settlement offered is less than expected.
  • You feel the insurer acted unfairly or didn’t follow procedures.

The ombudsman cannot force the insurance company to pay, but they can investigate, recommend a settlement, or mediate a resolution.

Natural Disasters Are Increasing

Unfortunately, we are seeing an uptick in catastrophic weather events. This leads to an increase in the number of adjusters needed to handle claims. Also, this forces carriers to adopt strategies to increase the number of claims they can handle, such as using virtual inspections and drones, which can exacerbate the claim process.

Some of the most common natural disasters include:

  • Straight-line Winds
  • Tornados
  • Hailstorms
  • Wildfires
  • Hurricanes and Tropical Storms
  • Flooding
  • Derecho
  • Earthquakes

NOAA’s National Centers for Environmental Information has tracked all major events for 2022 and found that last year tied 2017 and 2011 for the third-highest number of billion-dollar disasters. 2022’s tentative total for natural disasters is estimated at over $165 billion, with Hurricane Ian topping the list of the costliest disasters of 2022. 2022 was also the eighth year in a row in which 10 or more billion-dollar weather events impacted the U.S. Since 2016, weather events have caused more than a trillion dollars in damage. The main driver of this astronomical figure is Category 4 or 5 hurricanes making landfall. In five of the last six years, the U.S. was impacted by Harvey, Irma, Maria, Michael, Laura, Ida, and Ian.

Billion Dollar Disaster in the United States

 

Over the last few decades, population growth and rising material wealth have increased insurers’ risk and driven up indemnification costs for affected policyholders. This is especially evident in states like Florida and Louisiana, where private carriers leave or become insolvent. According to climate.gov climate change is also driving a significant increase in the number and intensity of extreme weather events. Sea level rise contributes to higher storm surge flooding, droughts lengthen wildfire seasons, and a warmer atmosphere allows for higher saturation, creating heavier rainfall events that can cause flash flooding and necessitate high-water rescues. These factors contribute to an increasing need for qualified individuals to handle property losses for many carriers nationwide.