EP 77 Insurance Claims Pricing Games, Resources for Contractors and Consumers

Contractors and consumers are tired of the Squid Games that insurance carriers play when they make up their own arbitrary rules for estimating and releasing funds for work performed.    In this episode of The DYOJO Podcast we will addresss some of these pricing games, including the use of New Construction Pricelists being applied to restoration and remodeling projects.    Restoration industry peers Tony Yost (St. Paul, MN), David Dickerson (San Francisco, CA), Ben Justesen (Moses Lake, WA), and many others will join us to discuss this issue and some new resources available to contractors.     As United Policyholders states,    "Computers don’t repair and build homes…licensed contractors do. Your insurance company owes you for what an experienced and reputable contractor would charge you to do the required work to put your home back to its pre-loss condition.”    Yet, some carriers have been manipulating common estimating tools, such as Xactimate, to create arbitrary pricing changes that affect the insured's ability to hire a contractor to perform a reasonable and accurate scope of work.    One resource that has been added to the toolbox of the insurance claims contractor is the Restoration Pricing Position Paper from the Advocacy and Government Affairs Committee (AGA). The position paper on New Construction is available to all members of the Restoration Industry Association (RIA) and addresses conditions such as,    “New construction price settings in certain pricing programs increase labor productivity which reduces prices in a way that may not be appropriate for restoration. Indirect tasks that must occur to accomplish direct repairs – known as “Supporting Events” – may need to be appropriately adjusted due to the extent of the damage in a restoration project.”    * Read the full article "Restoration Squid Games" by Jon Isaacson in C&R Magazine  * Listen to The DYOJO Podcast Episode 77   * Join the Restoration Industry Association (RIA) so that you can read and utilize the New Construction Pricing Position Paper from the AGA   The DYOJO Podcast, Episode 77 includes these guests and appearances:   * Tony Yost (St. Paul, MN)  * David Dickerson (San Francisco, CA)  * Ben Justesen (Moses Lake, WA)  * Kelley Dolan  * Gordy Powell * Mark Springer * Katie Smith * Ed Cross * David Watts * Roger Howson   SPONSORS:  * Restoration Industry Association (RIA)   * Office Services by Brandi  * Restoration Technical Institute (RTI)    THURSDAYS ARE FORE The DYOJO Podcast  New episodes of The DYOJO Podcast are released on Thursdays 9am PST via video through YouTube and/or audio is distributed through platforms such as Apple, Spotify, Google, etc. Learn more by visiting our website - www.thedyojo.com/podcast