Cleanfax, April 2019
THE 1 UNINSURED CLAIM IN AMERICA CAN BE COVERED MTH MTH 2019 cleanfax com 17 removal according to Oakes Part of this problem is the insurance industry trying to control costs by limiting the number of days they will pay for drying equipment so contractors opt for demolition as the drying method to compensate for these limitations But that leaves us with the question how can the two industries come together to correct these problems and ensure those who experience a loss are getting the best possible return to normalcy Oakes says Insurance companies need to realize that drying times are based on the amount of water and the length of time the materials are wet which leads to the degree of saturation drying times cannot be based on an arbitrary time table But the restoration industry has been stressing that for years to little avail Oakes suggests a smart correction would be for insurance companies to move to a fi xed pricing model such as cost per square foot for airmovers and dehumidifi ers based on evaporation class Better restoration companies would opt for the best equipment and processes to get the job done quickly and effi ciently while keeping their margins high If the job takes longer the customer and insurance company would not be penalized with a higher cost Oakes explains Th e industry always falls to the lowest level of performance We need to bring the performance back up and weed out the marginal companies With the restoration and insurance industries continuing to position themselves at odds it seems unlikely that the situation will improve When those in restoration and on the insurance side both improve their restorative drying education clearly understand the hows and whys and communicate well confl icts will dramatically reduce Oakes predicts So perhaps it is time for leaders of each side to step up come together and make a plan to improve the relationship between the two their methodologies and their understanding of what is required of each side and then improve the wellbeing of everyone involved most of all the insured Amanda Hosey is the managing editor of Cleanfax She has worked as an editor and writer for more than six years including four years with Cleanfax Reach her at amandah@ issa com Build a Better Restoration Business Better Systems Better Talent Better Financials CALL 1 800 360 3513 for a no cost con dential discussion about helping you grow your business All resulting in a better you Violand Management Associates violand com violandinstitute com of ce@ violand com FREE INFO Reader Service 230 at Cleanfax com freeinfo Close possible coverage gaps from pollution exclusions in your business insurance policy with the inventors of the original CPL Policy Available in All 50 States Through Your Local Insurance Agent restorationinsurance com 877 735 0800 Pantone PMS PMS 1797c PMS 7482 PMS 2736 PMS 7541 or 10 Black BLACK CMYK 12 95 84 2 85 12 96 1 97 93 0 0 13 7 8 0 or 0 0 0 10 0 0 0 100 RGB 209 50 57 0 157 78 24 37 170 218 223 225 35 31 32 WEB D13239 009D4E 1825AA DADFE1 231F20 Fonts Arial Bold Italic Arial Italic TM Times New Roman Italic Arial Bold ARMR network Better Insurance by Design tm ARMR network FREE INFO Reader Service 212 at Cleanfax com freeinfo
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