Most contractors offer free estimates to their customers, but how accurate are they? These free estimates are usually calculated based on contractors’ general knowledge of material and labor costs, and the cost estimates from subcontractor bids. In other words, a lot more could be done to improve the accuracy of these estimates.
One way to improve their accuracy is by using software specifically designed for estimating building damage, repair and reconstruction costs like Xactimate®. Xactimate is used by insurance companies to calculate these costs and the corresponding compensation for policyholders.
Accuracy, however, isn’t the only benefit you can get from hiring a contractor well-versed in using Xactimate.
Streamlined Breakdown of Costs
It’s important that homeowners have access to as much info about the repair costs as possible so they can make an informed decision. It can be challenging to make sense of unorganized estimates, however. Other times, estimates homeowners receive aren’t detailed enough.
With Xactimate, all of the aforementioned issues won’t be a problem. Xactimate produces detailed and organized estimates that allow you to more easily digest all of the costs.
Faster Resolution of Insurance Claim Discrepancies
Suppose you need some storm damage restoration work done, but you received a lower amount than you expected. Sometimes, the amount given by insurance companies is lower than what’s covered by policies due to the difficulty of comparing estimates in different formats.
As mentioned earlier, insurance companies also use Xactimate, and it could be hard to compare the detailed Xactimate-produced estimates with the ones given by contractors. But if your contractor also uses Xactimate, your insurer can easily compare their and your contractor’s estimates, and quickly clarify any misunderstandings or correct any errors.
Dynasty Restoration Inc. is a contractor with two decades’ worth of experience in the industry. We offer damage mitigation services as well as roofing and siding services. To get a free Xactimate-produced estimate, call us at (402) 205-2877, or fill out this form. We serve homeowners in Omaha, NE, and Kansas City, MO.
