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 Posted: Wed Jan 21, 2009 11:32 am Post subject: |
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You're adjuster is stupid..i think that's the answer....if i'm understanding this right he SHOULD have paid you..2300.00 (parts and material) less your deductible or 1800.00 somehow he got his wires screwed up and paid you minus the entire amount...tick a lock and get to the bank son you just made about 500 bucks.. 
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"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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| Posted: Wed Jan 21, 2009 9:56 pm Post subject: |
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| Lori - remember that the deductible for this loss was most likely taken during the original claim for the roof damage. I suspect that they took out the O/P as the insured may not use a GC to complete the work and do it themselves. Depending on the state and carrier, this would seem correct. |
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Dasfuk
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| Posted: Thu Jan 22, 2009 2:20 am Post subject: |
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Good catch Das, you're right the deductible was already taken...so in that case, the adjuster did the exact correct thing...(sorry unknown adjuster that i called you stupid..  ) by backing out overhead and profit.
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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| Posted: Mon Jan 26, 2009 6:26 am Post subject: HUH? |
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| So taking out overhead and profit is normal? I guess where I'm confused is if I had hired said company they would have had to pay 2300.00 (which includes approx 500.00 in overhead and profit), but if I do it myself they get to pay 1800.00? I guess I don't see why they would not pay me what they would have to pay someone else to fix it. Am I considered cheap labor? : ) |
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jeepnmatt
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| Posted: Mon Jan 26, 2009 12:54 pm Post subject: |
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| Quote: | | So taking out overhead and profit is normal? |
yes, you are NEVER entitled to profit from an insurance claim (as the insured or claimant) and you have no overhead.. | Quote: | | I guess I don't see why they would not pay me what they would have to pay someone else to fix it. Am I considered cheap labor? : ) |
Yes you are cheap labor, but they should be paying you labor but NOT profit.
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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Joined: 10 Sep 2007
Posts: 8173
Location: Missouri
287.90 Dollars($)
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