Property Damage – Insurance Claims & Payments FAQs
The estimate I received from my insurance company is not exactly the same as the restoration contractor's estimate. Why the difference?
The insurance adjuster may write an estimate and supply you with a copy. The scope of work between the restoration contractor's estimate and the insurance adjuster’s estimate may differ in some areas. However, the restoration contractor and your insurance company will have decided on the agreed figure. The price should be set before the start of your project. By using the estimate, the project manager can make sure the entire project is managed properly and every aspect of the project is contained in the scope of work.
What if the insurance check is made payable to both me and the restoration company?
There’s a good chance the check you receive from the...