Water restoration business - estimates (self pay vs insurance)

Sdílet
Vložit
  • čas přidán 7. 09. 2024

Komentáře • 49

  • @TheRestorationContractor

    Is this video helpful?
    What would you like for me to cover regarding invoices and estimates?

    • @comelon3
      @comelon3 Před rokem

      Where I can find your info to call you ? Thank you

    • @MrStandridge
      @MrStandridge Před rokem +1

      Great stuff man! Could you do a restoration estimate video?

    • @ScotStHilaire
      @ScotStHilaire Před 5 měsíci

      @@MrStandridge i agree one thing that drives me nuts is insurance claims adjusters want more detailed quotes. You provide them and they ignore most because insurance jargon is not used. Knowing more detail of what they are looking for or resources would be great

    • @travisallen8158
      @travisallen8158 Před měsícem

      Where can i find a invoice template?

  • @special1297
    @special1297 Před rokem +4

    Love your content.
    I do some water mitigation jobs but your videos explain a lot that I didn't know.
    I will join your program. Great stuff man.
    Thanks

  • @healthyhomechronicles
    @healthyhomechronicles Před 6 měsíci

    This is great! We knew nothing when we did our restoration. We couldn't use insurance and It just blew up our world!

  • @valerieking5265
    @valerieking5265 Před 10 měsíci +3

    Your videos are very helpful showing how to price gouge the customer due to their ignorance.

  • @user-wh5sh5vj8x
    @user-wh5sh5vj8x Před 6 měsíci

    Super helpful information. Thanks, Shane.

  • @chente4246
    @chente4246 Před 7 dny

    It’s pinching Pennie’s if the insurance company want to know what you are charging? Then goes on a list of all the things you can do fluff an estimate. Your advice would apply if ALL contractors didn’t lie and if ALL insurance companies didn’t pay.

  • @furtznoname7471
    @furtznoname7471 Před rokem +1

    Thx for your input great video

  • @wesleemiller
    @wesleemiller Před 9 měsíci +1

    Great video

  • @cristy0101able
    @cristy0101able Před 7 měsíci +2

    My first job was 43k next jobs were easy.

  • @andrewo.9412
    @andrewo.9412 Před 2 měsíci

    What do you think about them leaving machines running 45 days, only tore one room, insulation from crawlspace. small bathroom, a wall and partial kitchen. Said it would be maybe 20 at the highest. Charged 80k… I mean.. that’s almost a third of our house. Multiple contractors came in saying they were out of their minds.

  • @timladd5008
    @timladd5008 Před 2 měsíci

    Xactimate shows pricing per line item. I know you did not confirm that but the way you explained it and noting multiple times that insurance wants to see price per item implies it doesn’t.

  • @kksan
    @kksan Před měsícem

    This is why home insurance is so expensive nowadays

  • @carpetwizard8311
    @carpetwizard8311 Před rokem

    Great tips

  • @user-qh4wj5mg5p
    @user-qh4wj5mg5p Před rokem +2

    What if equipment was only running for 4 days and they are charging for 7. Workers were not able to pickup for 3 days after. I was told to unplug all equipment after day 4 and just set equipment aside. Am I responsible for paying all 7 days?

    • @TheRestorationContractor
      @TheRestorationContractor  Před rokem

      you will have to talk to the company you hired about that.

    • @dsears1973
      @dsears1973 Před 6 měsíci

      If the contractor is unable to pick up the equipment due to their own scheduling issues then you shouldn't have to pay for that equipment. At least in my company that's how we operate

  • @MrStandridge
    @MrStandridge Před rokem +2

    Do you use the same format for restoration estimates?

    • @TheRestorationContractor
      @TheRestorationContractor  Před rokem

      Yes and no
      I assume you mean reconstruction?
      We have used the same scope system with recon as well as mitigation
      It is possible that we would use Xactimate for reconstruction.
      we would not use Xactimate for mitigation

  • @chrisdavis6410
    @chrisdavis6410 Před rokem

    LOVE IT!!
    Do you submit a sketch with your style estimate?

  • @CREAOOfficial
    @CREAOOfficial Před 8 měsíci

    Some mitigation companies won’t provide a quote to send to insurance. They say, “we do the job then bill insurance”… Is this common practice? We had one actually tell us he can’t do anything until a public adjuster comes out and recommended a “PA company”. Because our insurance is saying that the contractor should be providing a quote to work off of.

    • @TheRestorationContractor
      @TheRestorationContractor  Před 7 měsíci

      we never worked with a PA in 10 years.
      I'd suggest you talk to other companies

    • @CREAOOfficial
      @CREAOOfficial Před 7 měsíci

      @@TheRestorationContractor thank you so much. Since the comment, we reached out to another mitigation company and they had 0 issues providing us a quote! It seems some of these mitigation companies just want to maximize their payout - or maybe I’m wrong!

    • @andrewo.9412
      @andrewo.9412 Před 2 měsíci

      @@CREAOOfficial100% we are being billed like 60% more than what they said they wanted to charge. There are definitely good companies.. some are out to rob.

    • @captaincleanchicago137
      @captaincleanchicago137 Před měsícem

      ​@CREAOOfficial it's a mix of both. We don't like to give estimates for 2 reasons. 1 price shoppers like to get the estimate try to get paid, and do the mitigation themselves. I will give a free estimate but an itemized written quote is for when I'm hired or paid for the time.
      2nd most times there is no way to tell how much. We just had a job where behind the walls they had the old drywall and molded paneling. We had to supplement for about 4500 it was double the work. You never know if it's drywall or drywall over plaster with two layers of tile floor under the carpet so the 1st estimate is just a draft and most times goes up.

  • @jeffhamann4350
    @jeffhamann4350 Před 10 měsíci +1

    Cat 1 is essentially rainwater
    Cat 2 is gray water
    Cat 3 is poop water.
    If you have rain water dripping from your roof, it’s cat 1. If you have a sewage back up, it’s Cat 3. That’s why the prices are different.

  • @malcolmbeaton5933
    @malcolmbeaton5933 Před rokem

    how do you send photos of the loss the the insurance company. with xactimate, the photos get attached

    • @TheRestorationContractor
      @TheRestorationContractor  Před rokem +2

      So here is what we do... we place a link to the photos in the notes section of the estimate and invoice.
      They can access the photos from the link.
      We used Google Drive to store photos for years before moving to a photo application software.
      Let me know if you need more help
      615-685-2128

  • @ibrahim0lanipekun975
    @ibrahim0lanipekun975 Před rokem +1

    I do that math I am not lazy

  • @christiebennett4345
    @christiebennett4345 Před rokem +1

    Can I get this lol

  • @user-yt6of6qn3h
    @user-yt6of6qn3h Před 6 měsíci

    this web site does not work it throws 404