Real Estate Management Property Damage Claims
When property you own or manage experiences property damage from a natural or man-made disaster, it means a loss of business, which can be substantial. This is a time to refocus on continuing operations instead of worrying about a complicated insurance claim. Our team of licensed public adjusters lifts the burden of managing insurance claims on your own. We evaluate and document not only the physical damage to your property, but also the income lost from business interruption.
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1
Your real estate management company just suffered serious damage and you are wondering what to do next.
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2
You call your insurance company and wait for an adjuster to come out, hoping they will have your best interests at heart.
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3
You move from the asset side of your insurance company's ledger to the liability side.
We Can Help
Knowing everything you possibly can about the "fine print" of your insurance policy before you have any substantive dialogue with your insurer is an absolute necessity. Know what you are covered for and how to claim it. What you say to your insurance company's adjuster and how you say it can make a dramatic difference in how much you get paid. The more you know, the better the results.
Real Estate Management Factors to Consider
Be sure to understand each of the following factors before engaging with the insurance company. Knowledge is the key to a successful claim outcome.
- What is my broker's/agent’s role?
- Does the adjuster work for us or the insurance company? Why they can't work for both. It's a conflict.
- Can I do the repairs myself?
- Is the insurance company using an independent building consultant to prepare a bid? Who are these consultants? Who are they working for? Do they only work for insurance companies?
- Can I collect code coverage allowances if I build elsewhere?
- Does the insurance company pay for professionals necessary to evaluate my claim? Are they working for me or them?
- Does my risk manager have the requisite skill sets to negotiate a large property claim?
- How quickly can I get started rebuilding?
- Can a contractor negotiate my claim? Why it's a bad idea.
- How does my policy address increased costs due to new codes? If my coverage is limited, what can I do about it?
- Does my policy allow green building upgrades?
- What is the difference between a schedule of values and a schedule of limits?
- Why is my loss of rents claim more than just submitting lease agreements?
- Will the insurance company pay for a construction manager?
- Warranties and Protective Safeguard requirements. What do they mean? Can I still collect if I am not in full compliance?
- Is there coinsurance in my policy? What does it mean?
- How is actual cash value determined? Why should I care?
- Do I have to replace on the same site? Can I buy or build elsewhere?
- Can I compensate employees who help with cleaning or restoration?
- Replacement properties. Lease purchase strategy. Is it good for me?
- Replacing my building versus cashing out. What are the benefits? The pitfalls?
- Should I have concerns as to how my insurer deals with pollutants - hazardous materials - lead & asbestos?
- Is it always beneficial for my building/property to be considered a “total loss?” If not, why not?
- How do I deal with lead & asbestos? What if my coverage is limited?
Real Estate Management References
In addition to the 5,000+ references on our list, here are some well-known names in the real-estate industry we have helped.
- Mario Affinito
- American Management Company
- Apartment & Condominium Concepts Unlimited
- Armour Building Company
- ASR Development
- Bay Alarm Company
- Beja-Lemoore Apartments / Lakeview Apartments
- Bense & Hartl
- Mark Best Formerly Colonial Realty
- Better Property Management
- John Brennan
- Brent / Westwood Investors
- Bridge West Apartments
- 610 S. Broadway Associates
- Thomas Brocato
- BSF Building, Inc.
- Robert Buchser
- Campbell Enterprises
- Capstone Asset Management
- Carson City Center, Thomas Safran and Associates
- Cattelus, Inc. formerly Santa Fe Southern Pacific Corp.
- Century 21 Action Associates
- The Champion Group
- China Basin Properties
- Richard Chiu
- City National Bank
- Cliff House Restaurant
- Coates & Sowards
- Fred Cohen, M.D.
- Colonade Apartments
- Columbia National Mortgage Co.
- Commonwealth Enterprises
- Contech Consultants, Inc.
- Core Realty Holdings, LLC
- Fred & Constance Cornett
- Pedro Correa
- Crenshaw Medical Arts Center
- Pat Cullins
- Daoudian Investments, LLC
- Edna Darby
- Deauville Properties Gleenbrook Apartments
- Devon-Becke Couture / Icara
- Diamond Investment Properties
- Dimension Financial & Realty Investments Inc
- Dolores Heights Properties
- Ed Dong
- Easton Pacific
- Epstein & Associates Realty
- Estate of Bailey L. Taylor
- Evergreen Land Trust
- Aisling Ferguson
- George & Alice Fong
- Ira Forest Development
- Nancy Fox
- Daniel Fumbarg
- G. H. Palmer & Associates
- The Gannon Companies
- Garden Apartments
- Gastineau Apartments
- Genghis Khan Furniture Charles Corn Furniture
- Albert & Cora T. Goldhagen
- Goldrich & Kest Industries
- Robert & Evangeline Grant
- Calvin Luther Gregory
- Gummow Investments
- John Halliday, a resident of Kahala I Koloa, Kauai, HI
- John & Dorothy Hancock
- Harrigan Weidenmuller Co.
- Hollywood Edgemont Company
- Ben L. Hom & Associates
- Homes & Hideaways
- Howick Properties LLC
- Rudoph Hurwich
- Dr. James Incorvia
- International Doctors Supply Commonwealth Companies
- J & R Film Company
- Jacobsen Development Group
- Jasin Company
- Jerome J Parks Companies
- JJJ, LLC
- JKL Corporation / Le Chateau Apartments
- JMW Properties
- Johnson Commercial Real Estate
- Dean & Stacy Jones
- Edward Jong
- Kage Investment Properties
- Kahala I at Poipu
- Albert & Trudy Kallis
- Irving J. Karp
- Steven Kasten Properties
- Keyes Asset Management
- Chul & Sun Kim
- Charles Kinnison
- Robert Kish, Esq.
- Koa Trading Company / Yukimuri's, Inc.
- Kornwasser & Associates
- Kreft Trust Fund
- Lakeside Apartments
- Larwin Company 3 Springs Investment
- Levan Boise Real Estate
- Marc Levinson
- Thomas & Christine Livingston
- Eric Louie & Karen Tamashiro
- Lum Family Trust
- Robert Lum
- Ly Investments
- Rodney & Cathy Mann
- Marchant Chapman Realtors
- Jack McAboy
- Ed McAllister
- Jean Craig McNeilly
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Megalodon Property Management
- Meyer Crest, Ltd.
- Miramar Apartments
- Mitchell, Mercer & Company Country Square Shopping Center
- Moda USA
- The Mosser Companies
- Motter Investment Company
- Munimae (Municipal Mortgage & Equity) Hamilton Chase Apartments
- Margaret C. Neal
- Ben Ng
- Mikial Nijjar
- Fred & Alanna Niles
- Norview Marina Associates First Financial Funding Group
- Odell-Wentz & Associates
- Omni / Orbis Financial, LLC
- Harry Orbelian / George Orbelian
- Murray Ozer Development
- Pacific Ashi Group
- Paielli Realty
- Paramount Hotels
- Parry Holdings
- Payless Foods
- Pestana Properties
- Pier Properties
- Norman L. Pollak Corp.
- Prado Group
- Prestige Property Management
- Professional Management Assoc. Abbey At Cherry Creek Condos
- Prudential Real Estate Formerly: Mason McDuffie
- Todd Quartemont
- Dean & Susan Ramsey
- Real Estate Connections
- Red Mountain Joint Venture
- Mel Reznick / Jerry Shapiro, CPA
- Soon K. Rho
- River Park Apartments
- Huck Rorick
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Roscoe Properties
- RWR Associates
- Ismael "Sam" Safaradi
- Phillip Salet
- Santa Barbara Affordable Homes Schroeder Construction Services
- Santa Fe Investments
- Santana Row / Federal Realty Investment Trust
- Joseph & Rosalie Sasson
- Scotty Building
- Sebastopol Industrial Park
- Shapell Industries / S & S Homes
- Bruce Shapiro
- Sherman Oaks Fashion Mall
- Sirhed Management
- Skyline Rlty / The Lembi Group/Hotel Union Sq./HomeOwners Finance CNTR
- SMH (US) Inc.
- Andrew Solt Productions
- Southern Metals, Ltd.
- Southern Pacific Lines
- Andrei & luliana Spiridon
- Standard Management Company
- D.R. Stephens & Company
- Stevenson Street Partners
- Sunset Gower Studios / Pick-Vanoff
- Tait & Associates
- The Brewery
- The ENKA MA
- Tiffany Properties Construction Services
- Top Bargain
- Top 10 Properties
- TP Stone Mountain Investco
- Traditional Property Management
- Transamerica Reality
- Tri-Center Companies
- Universal Chiropractic & Nutrition
- Vallejo Housing Partners
- Ventana Big Sur
- Village Resorts / Kiahuna Plantation
- Vista Realty Advisors
- Anne Vogel, CPA
- Walsh Construction
- Wasserman, Comden & Casselman
- WCA, Inc.
- Westhill Management Company
- Whaler's Cove at Poipu Beach
- Whitestone Apartments
- Joseph Zarabi / Bijan Zarabi
- Richard & Cheryl Zillman
The Difference Public Adjusters Make
We work exclusively for YOU, not the insurance company. Our insurance professionals have managed and negotiated thousands of claims for nearly every type of natural and man-made disaster. Local in our approach, we have over forty offices across the U.S. and Canada, and an unmatched network of expert resources to efficiently mobilize and be at your side.