Xactimate Supplements and Estimates are critical to the restoration contractor’s bottom line. How is it that Xactimate Supplements can help a restoration contractor? Can this be done in house or can it be outsourced? What are the benefits of having Xactimate supplements written for a restoration or roofing project? We will discuss all of these one by one and see how you can outsource your Xactimate supplements and estimates in three easy steps.
How can an Xactimate supplement help?
In the times that we are living right now, everyone seems to be losing out. Insurance companies are taking very big hits with recent wildfires, hurricanes, tornados, and other disasters. These disasters are unprecedented. On top of that, we have COVID-19 to deal with right now which is putting people out of work and slimming the workforce. Insurance companies have always tried to protect their bottom line while providing a level of value for their customers. When those customers have a claim, the company will send out an adjuster to estimate how much the insurance company will pay to get the property restored to its prior condition.
There are always items that are or could be needed on a restoration job that the insurance company doesn’t put in their original estimate. Knowing what these items are helps to increase the amount the contractor can get for the claim. When these are put together into an Xactimate supplement and submitted to the insurance company, the result is usually an increase in the value of the claim. So we can see that a supplement is key to getting the insurance company to increase what they will pay for a job. Now the question is; can this be done in house or should it be outsourced? Let’s see…
In house Vs. Outsourced
It is very possible that a restoration or roofing company can write Xactimate supplements and estimates in house. If the contractor has someone who has decades of experience in adjusting, using Xactimate, and that knows the over 10,000 line items in Xactimate, then they can keep it in house and maximize to the fullest extent possible. Companies that can have someone working full or part time to handle this important aspect of the business will benefit greatly from doing so. As it is though, many restoration and roofing companies do not have someone with that skillset and getting someone with that skillset would be very costly. There are online courses available to learn Xactimate, but they can’t teach you what decades of experience with the program and adjusting can. So what is another option? Outsourcing!
There are companies that work directly with contractors to create Xactimate supplements and estimates. These fulfill their purpose at a fraction of the cost of an attorney or of hiring someone in-house with an equal skillset. These companies have experienced adjusters, restoration contractors, roofers, etc. who have been in the field for decades and can write Xactimate supplements quickly and effectively.
QuickPay Claims, LLC for example is one such company. QuickPay claims has over 70 years of combined experience in the restoration, roofing, and adjusting fields. All of this is brought together to provide an outstanding product for clients at an affordable rate. For example, QuickPay Claims can make estimates for their clients from just $49.50. The average increase is 30-35% and oftentimes much much higher than that.
What are the benefits?
The benefits of having Xactimate supplements and estimates written for a roofing or restoration contractor are that at the end of the day, the contractor can take home more money and leave their clients happier. In a world where things are not very certain right now, clients who need to have their home restored shouldn’t have to worry about whether they will get what they need. Contractors can confidently give their clients what they need and also take home more money at the end of the day.
Three Easy Steps to an Xactimate Supplement or Estimate
UPDATE 2021: The process is now easier than three steps. ANY CONTRACTOR can submit an estimate now on our website. We may contact you before we do the estimate to answer any questions you may have about our Xactimate supplement and estimate services.
To submit an estimate in ONE easy step, just click here to go to our submission page. There is a 25 second instructional video there to help if you need it. You can also call us or chat with us in the bottom right of any page if you need assistance.
It’s that easy to outsource your Xactimate supplements and estimates. Work is billed in 10 minute increments from $99/hour with most estimates taking less than an hour to complete.
So we can see then, it is easy to get the Xactimate supplements and estimates that are needed to improve your bottom line and it can be done without having to hire someone who is an expert to do it in house.