Nursing Homes
As the owner or property manager of a nursing home, the physical, financial, and emotional losses incurred in a disaster can be devastating. You do not need to be worrying about the insurance claims process on top of caring for your patients.
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.
-
1
Your property just suffered serious damage and you are wondering what you need to do to expedite financial and operational recovery.
-
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?
-
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.
- 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?
- Does the insurance company pay for the necessary professionals to accurately evaluate my claim?
- Do I have to replace on the same site? Can I buy or build elsewhere?
- Can I collect code coverage allowances if I build elsewhere?
- What are Warranties and Protective Safeguard requirements? What do they mean and can I still collect if I am not in full compliance?
- What are the pros and cons of replacing my building versus cashing out?
- How quickly can I start rebuilding?
- Is the insurance company using an independent building or equipment consultant to prepare a bid? Who are these consultants? Who are they working for?
- Can I compensate employees who help with cleaning or restoration?
- Can I do the repairs myself?
- Can a contractor properly negotiate my claim?
- Will the insurance company pay for a construction manager?
- Does my insurance policy pay for the removal/storage/disposal of my residents’ personal property?
- Does my insurance policy allow green building upgrades?
- How do I deal with lead and asbestos? What if my insurance coverage is limited?
- Should I have concerns as to how my insurer deals with pollutants, hazardous materials, lead and asbestos?
- Is there coinsurance in my policy? What does it mean?
- How is actual cash value determined? Why should I care?
- Is it always beneficial for my building/property to be considered a “total loss?” If not, why not?
- What is the difference between a schedule of values and a schedule of limits?
In the end your team achieved a superb settlement that was over 4 times the insurance company's original offer. Your team's skills, attention to detail, and persistence in dealing with a rogue carrier resulted in us getting this claim resolved at an amount exponentially greater than we could have achieved on our own.
Select References
Featured Articles
#1 Public Adjustment Firm for Nursing Homes
If your nursing home suffers a loss from fire, flood, or another unforeseen event, Globe Midwest/Adjusters International can help you manage the property insurance claims process and ensure you receive the right settlement. Call us if you need help with a claim.
High Six-Figure Water Damage Insurance Claim Settlements for Illinois Nursing Home and Healthcare Center
At the height of COVID-19, a Galesburg nursing and healthcare center experienced two back-to-back water damage disasters that disrupted operations. Apart from the physical damage, the insurance company did not consider business interruption losses – until our team proved that claim, too.
Dissecting Replacement Cost Valuation After a Fire Loss
In the intricate landscape of insurance valuations for nursing homes, fire incidents pose multi-faceted challenges. The road to recovery demands a deep dive into the distinction between Replacement Cost Valuation (RCV) and Actual Cash Value (ACV).
Water Damage and Business Income Interruption: A Deep Dive into Time Element Coverages
In the realm of insurance, nursing homes hold a distinct position due to their obligation toward both property maintenance and the well-being of their residents. When water incidents occur, the immediate physical damage is often just the beginning. The ramifications extend to complex Time Element Coverages.
Featured Resources
Recent Case Study
High Six-Figure Water Damage Insurance Claim Settlements for Illinois Nursing Home and Healthcare Center
At the height of COVID-19, a Galesburg nursing and healthcare center experienced two back-to-back water damage disasters that disrupted operations. Apart from the physical damage, the insurance company did not consider business interruption losses – until our team proved that claim, too.
Recent News Article
Dissecting Replacement Cost Valuation After a Fire Loss
In the intricate landscape of insurance valuations for nursing homes, fire incidents pose multi-faceted challenges. The road to recovery demands a deep dive into the distinction between Replacement Cost Valuation (RCV) and Actual Cash Value (ACV).
Recent News Article
Water Damage and Business Income Interruption: A Deep Dive into Time Element Coverages
In the realm of insurance, nursing homes hold a distinct position due to their obligation toward both property maintenance and the well-being of their residents. When water incidents occur, the immediate physical damage is often just the beginning. The ramifications extend to complex Time Element Coverages.
Who We've Helped
Since 1924 Globe Midwest/Adjusters International has helped clients secure the settlements they need to meet their financial and operational recovery goals.
Don't just take our word for it. Read statements written by members of your community.
Globe Midwest/Adjusters International employs expert public adjusters who specialize in insurance claim evaluation, documentation, and negotiation. Read how we have helped clients who were once in similar situations to yours.