Contractors in trouble...
A highly publicized case involving a very large Texas roofing contractor resulted in financial disaster for the company. Bottom line...a contractor (in this case a roofer) was negotiating claims on the homeowners behalf directly to the insurance company. Here's a snippet from an article concerning this particular contractor (name of the company removed)...
Under Texas law, someone other than a homeowner who negotiates a price with an insurance company is considered a public insurance adjuster.
The problem here is that under state law, only a licensed public adjuster can do that. XXXXXX is not a licensed public adjuster. A public adjuster is someone who, for a fee, negotiates with insurance companies on behalf of homeowners or business owners who don’t like an insurance company’s initial settlement offer. There are about 600 active ones in Texas.
Bottom line...contractors cannot legally negotiate your settlement on your behalf. If a situation arises where the insurance company is not properly indemnifying your claim, your best recourse is to hire a PUBLIC ADJUSTER.
Whether you're a contractor or a homeowner or business owner, calling National Claims Negotiators is the right first step to resolve your disputed claim.
Owner, Good Contractors Roofing LLC
7 年Good article. A contractor can, however, negotiate "scope" of damages. An insurance adjuster typically misses 15%-20% on their original estimate. A good contractor will catch what is missed and seek a supplemental settlement on those items, plus permits (not included) and updating software price list to date of completion from the date of loss date normally used.
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8 年Good insight into the process! Thanks