Damage of the Luxurious Kind
With high end homes, come higher complexities, workmanship and appraisal values for labor and materials. The more luxurious, the more intense the process of damages. There’s a bundle of costs required for repair and restoration of these particular luxury residences, more so than that of standard residential restoration projects.
One such complexity can be as follows: An insurance company may be in the dark, or simply not wanting to deal with including allowances for a “Level 5 drywall finish” or labor allowances for something like Venetian plaster. For those wondering what the heck that is, exactly! Most people won’t process the complexities of damage and repairs and that is precisely why a licensed public adjuster is needed to take over.
Even the most “premium insurance” carriers can sometimes stall and resist when it comes to adjusting a claim for a luxury home. Here are a few helpful tips for those owners of luxury properties experiencing unexpected damage.
- Locate all related insurance policies
- Take plenty of photos and a list of damaged property
- Immediately take steps to prevent further damage
- Find a licensed public adjuster
- Let the insurance company know about your notice of loss.
- Develop a claim management gameplay with your public adjuster
Sometime there may be hidden damage beyond what our eyes can process. That’s why it’s so important to have the photo and video evidence that will solidify your claim. Your public adjuster will help you carry this out. They will also be there to shed light on the sheer scope of damage and repairs of what otherwise might sneak passed the naked eye.
Hire a licensed public adjuster for your luxury residential property the next time you find yourself in a damaging situation. You won’t regret it.