This 202 page reference has proven ideas and techniques
to arm you against the adjuster. It covers many
aspects (building, contents, additional living expense,
other coverages, etc.) of a homeowner property claim
for many perils including fire, water, wind, hail,
earthquake and hurricane or flood loss. It includes
many of the individual eBooks for sale at UCLAIM.com.
The Appendix is highlighted along with Ron’s
valuable comments.
View
more details and eBook DOWNLOAD page (click here)
Table of Contents
TABLE
OF CONTENTS............................................................................................................
1
INTRODUCTION....................................................................................................................
4
Insurance
Claims Are Disagreeable.................................................................................
4
Myths
Dispelled................................................................................................................
4
About
Your Attitude and Morale.......................................................................................
4
About
the Adjuster's Attitude and Morale........................................................................
5
BATTLE
PREPARATIONS.......................................................................................................
5
'Battle
Gear'.....................................................................................................................
6
General
Battle Principals.................................................................................................
6
'Estoppel'.........................................................................................................................
7
LET THE GAME BEGIN (YOUR FIRST
MOVES).......................................................................
8
Game
Plan A (If you have this document from the
date of loss)................................... 8
Loss
Day ......................................................................................................................
8
Contents
Pack Out and Storage..................................................................................
10
The
Day After the Loss Day .......................................................................................
11
Game
Plan B (If you have this eBook a few days up
to several years after the loss)
Correcting
Your Mistakes ...............................................................................................
11
'ALE'
(ADDITIONAL LIVING EXPENSE) vs. FRV 'FAIR RENTAL VALUE'...............................
12
'Fair
Rental Value'(FRV).................................................................................................
13
'ALE'
(additional living expense)...................................................................................
14
Time
Period for ALE........................................................................................................
15
BUILDING
STRUCTURE CLAIM............................................................................................
16
'REPAIR
COST' NEGOTIATIONS........................................................................................
16
Bid
Comparison Worksheet (a waste of everyone's time)..............................................
17
Contesting
the Adjuster`s Estimate (or his contractor's estimate)................................
17
About
the Insurer's Contractor..................................................................................
19
Acting
as your own contractor (or doing your own repairs).......................................... 20
BUILDING
STRUCTURE 'ACTUAL
CASH VALUE' (ACV)
SETTLEMENT............................ 21
'ACV
of the Repairs' (based on a repair estimate).........................................................
22
'ACV
of the Entire Structure Value' (based on a real estate appraisal)......................... 24
'How
to Deal With a Low Ball Appraisal'....................................................................
26
OTHER
BUILDING STRUCTURE CLAIM CONSIDERATIONS..................................................
27
Making
a Choice - 'Repair,
Rebuild or Cash out'.............................................................
27
Zoning........................................................................................................................
28
Salvage
Value............................................................................................................
28
Hazardous
Materials..................................................................................................
28
Code
Improvements – (how to get coverage without
an endorsement).......................... 29
Choosing
a Contractor................................................................................................
30
'Coinsurance
Penalty Trap'........................................................................................
31
Common
Adjusters’ Structure Claim Arguments – (and your
suggested reply)............ 31
CONTENTS
CLAIM...............................................................................................................
32
CONTENTS
PACKED OUT & STORED...................................................................................
33
PAYMENT
FOR RESTORATION...........................................................................................
34
CONTENTS
INVENTORY LIST.............................................................................................
34
SPECIAL
ITEMS OF CONCERN - ALL COVERAGES................................................................
37
‘Proof
of Loss’ (form)......................................................................................................
37
'Replacement
Agreement' (form)...................................................................................
38
Tape
Recorded Statement.............................................................................................
39
Acting
as Your Own Contractor......................................................................................
40
Salvage
on Contents and Building................................................................................
40
'Examination
Under Oath'.............................................................................................
40
Cashing
the Check.........................................................................................................
40
Supplemental
Claims....................................................................................................
40
FAQS
(Frequently Asked Questions).............................................................................
41
The
Deductible..............................................................................................................
41
OTHER
COVERAGES AND ENDORSEMENTS........................................................................
41
'OTHER
COVERAGES'......................................................................................................
41
ENDORSEMENTS.............................................................................................................
41
1.
Replacement Cost on Contents Endorsement......................................................
42
2.
Extended or Guaranteed Replacement Cost Endorsement (on structure).......... 42
3.
Building Code Improvements Endorsement.........................................................
42
READING
YOUR POLICY (the quick and easy way)..........................................................
44
Special
Considerations When Reading Your Policy......................................................
45
About
Policy Form Numbers and Edition Years............................................................
46
'BURDEN
OF PROOF' (is it on you or the insurer?)..........................................................
46
USING
THE LAW TO HELP YOU.........................................................................................
46
HARD BALL TACTICS........................................................................................................
48
1. Small
Claims Court................................................................................................
48
2. Better
Business Bureau Sponsored Arbitration....................................................
48
3. News
Media............................................................................................................
49
4. Picketing................................................................................................................
49
5. Other
Guerilla tactics............................................................................................
49
6. 'Policy
Appraisal'..................................................................................................
49
7. Litigation...............................................................................................................
51
PROFESSIONAL
HELP (Public
Adjusters)......................................................................
52
FINAL
NOTE.....................................................................................................................
52
APPENDIX TO HOMEOWNERS LOSS
– ALL ASPECTS.........................................................
53
These
appendix documents are samples of insurance claims
documents that I have critiqued. My notes are handwritten
in the margins as well as in blue text boxes. My notes
are followed by my initials 'rc'. These documents
may not be the latest versions and should only be
used as a guide to show you how to critique your own
unique documents.
A
- The Policy.......................................................................................................................
A1
- 'Certification Page' sample of a certified policy.................................................................
A2
- 'Declarations Page, 2 samples' (2 pages).........................................................................
A3
- Endorsement and Policy name number list (5 pages)........................................................
A4
- 'CRPID', California Residential Property Insurance
Disclosure, (3 pages)............................
A5
- Sample ISO HO3 policy 1991 (19 pages).........................................................................
A6
- Sample ISO HO3 policy 2000 (22 pages).........................................................................
A7
– Sample Contents Replacement Cost endorsement............................................................
B
- Building Structure Claim.................................................................................................
B1
– 'Bid Comparison Worksheet' sample (4 pages)................................................................
B2
- Contractor and adjuster various 'itemized' estimate
styles, 4 samples (4 pages).................
B3
- Additions to Estimate list, one hand written
and one typed (10 pages)................................
B4
- Repair Estimate Depreciation sample (4 pages)................................................................
B5
- Depreciation Guidelines for Building Structure
by Marshall & Swift (1 page).........................
B6
- Low Ball Appraisals, 3 samples (43 pages)......................................................................
B7
- Title Company comparable sales reports, 4 samples
(11 pages)........................................
B8
- Code Improvement, without endorsement, Clinton
Miller publication (3 pages)....................
C
– Contents Claim/Miscellaneous......................................................................................
C1
- Contents Inventory Sheet (your own) 3 samples
completed (3 page).................................
C2
- Depreciation charts for contents, 2 samples
(2 pages)......................................................
C3
- Proof of Loss forms, 2 completed samples (4
pages)........................................................
C4
- Release Forms, 2 samples (2 pages)..............................................................................
C5
- Additional Living Expense Report (1 page)......................................................................
C6
- “Replacement Agreement” (1 page)................................................................................
