Condominium Property Management Companies
As a condominium property manager, when a disaster affects your property, you don’t have time for a drawn-out insurance claim process. When your condominiums are wiped out and terraces and balconies are damaged, you need to recoup your losses fast.
As your licensed public adjusters, we evaluate, document, and negotiate not only the physical damage to your property, but also the income lost from business interruption and the extra expenses that are incurred.
Our team understands the complexities of the insurance claim process and leverages our expertise to optimize your settlement.
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1
Your condominium just suffered serious damage and you are wondering what you need to do to expedite financial and operational recovery.
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2
You call your insurance company and wait for an adjuster to arrive, assuming you’ll receive what your insurance policy states you’re covered for. Afterall, that’s why you’ve been paying your insurance premiums all along, right?
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3
As a client of your insurance company, your claim is now a liability on its financial statements.
We Can Help
Knowing everything you possibly can about the "fine print" of your insurance policy before you have substantive dialogue with your carrier is critical. Understanding what you are covered for and how to claim it is where our experience starts to be of value.
Choosing what to say to your insurance company's adjuster and how you say it makes a dramatic difference in how much and how quickly you get paid. Globe Midwest/Adjusters International's public adjusters are experts in insurance claim negotiation.
The more you know, the better the results, so turn to the firm who has been in the field since 1924 and has the repertoire of satisfied clients to prove it.
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.
- How quickly can I get started rebuilding?
- Can a contractor properly negotiate my claim?
- What is my broker's/agent’s role?
- Does the adjuster work for me or the insurance company? Why should this be a red flag?
- Will the insurance company pay for a construction manager?
- Is the insurance company using an independent building or equipment consultant to prepare a bid? Who are these consultants? Who are they working for?
- Does the insurance company pay for the necessary professionals to accurately evaluate my claim?
- Are my continuing property management fees covered?
- Is there coinsurance in my policy? What does it mean?
- How does my insurance policy address increased costs due to new codes? If my coverage is limited, what can I do about it?
- Where do the unit owner’s interest end and the HOA’s interest begin?