What to Expect
After
a disaster, your insurance adjuster and Dunn-Rite Construction will
cooperate together in completing an estimate of repairs needed to put
your property back to its prior condition.
When the adjuster
and Dunn-Rite Construction have agreed on what needs to be done,
repairs, replacement etc., and the costs, a contract is usually drawn
up, referencing the agreed estimate. Prior to the signing of the
contract, it is advisable to discuss and include any work in addition
to the claim, which you may require done,
There are many
things that you, as the property owner may have to make decisions on.
Dunn-Rite is ready to help, with expert advice and an extensive variety
of samples.
• Paint Colors
• Wall Covering
• Carpeting
• Vinyl Tile
• Ceramic Tile
• Appliances
• Electric Fixtures
• Counter Tops
• Cabinet Styles
• Sinks
• Faucets
• Etc
Contents
The
homeowner or business owner is responsible for completing a list of all
of the items destroyed or damaged in the loss that are not part of the
structure. The property owner and the insurance adjuster normally
handle this part of the claim. The adjuster will require information
including the age and value of these items. The contents may consist of
the following:
• Clothing
• Furniture
• Appliances
• Linens
• Drapery
• Personal Items
• Food
• Pet supplies
• Area Carpets (only wall to wall is considered structure)
• Lamps
• Freestanding Bookcases
• Computers
• Cameras
• Sporting Goods
Depending
upon the extent of damage to your property, you may be unable to use it
until repairs or replacements are complete. Homeowner’s Insurance
usually covers Additional Living Expenses, meaning expenses over and
above normal living expenses. Business owner’s can have coverage for
loss of income for the days a business is down.
Inspections by
the local authority building inspector are usually made at certain
phases of construction and repairs will not continue until these
inspections are completed. Once repairs are complete, you may need a
CO, or Certificate of Occupancy, from the local authority building
inspector.
Payments
Payments
are either made during all phases of the repairs, or when the job is
complete. Your insurance company may elect to pay a portion of the cost
of repairs up front and a final payment when the job is finished. If
there is a mortgage on the property, the Mortgage Company's name will
be included on the check and Dunn-Rite Construction can arrange to
coordinate payments with the Mortgage Company. The check would be
issued in the name of the Owner, Mortgage Company and Repair Facility,
and would require to be signed by all three.
The Mortgage
Company may elect to issue a portion of the total in order that repairs
can commence. As repairs proceed, the Mortgage Company issues further
payments. When repairs are completed, a Certificate of Satisfaction
will have to be signed by the property owner and Dunn-Rite Construction
works with the insurance company for final payment (sometimes called
the holdback).
The Mortgage Company may need several documents in order to process payments. They may consist of some or all of the following:
• Owners Affidavit
• Contractors Affidavit
• Lien Waiver
• Certificate of Satisfaction
• Letter of Authorization (to speak to your contractor)
• Copy of the Estimate
• Their own inspections (depends on amount of damage)
Disasters
are unfortunate, but with cooperation and understanding, everything can
be accomplished with a minimum of difficulty and the property owner can
be put back in pre-loss condition.
As always, Dunn-Rite Construction stands ready to apply experience and knowledge to make things run as smoothly as possible.
Please ask questions. We understand what you are going through. We are only too glad to help.
Bob Partridge, Vice President.
Call us at 860-951-6387
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