Tuesday, June 25, 2024

July 25: Estimating Large Losses: When Does Xactimate Become the Wrong Tool

Our program is a 60-minute conversation about the right tools for Estimating Large Losses, with a lawyer, insurance professional, and a building expert consultant.
Small claims require
(1.) insurance professionals to figure out what's covered and not, and
(2.) building professionals to evaluate damage, define the scope of repair, and estimate costs. 
The large losses we work on are never that simple.
Xactimate is sophisticated software that allows professionals who don't have an extensive background in construction to quickly price the restoration of modest sized first party claims. It has come to serve as a common language between claims professionals and the insurance restoration industry.
Large losses often turn into medium size construction projects that should have professional construction contracting discipline applied. This begins with
(1.) defining (designing) the scope of repair, and
(2.) professionally estimating that work. 
There is an integrated collection of processes and documents, taught in architecture and engineering schools all over the world, for doing this, but they are often not applied in insurance restoration. We think they should be applied to large losses, to save money and decrease drama.
Learning Objectives
  • Define what a large loss is.
  • Review the process of investigating and estimating.
  • Learn about evaluating cost estimates from other parties.
  • Understand why large losses require conventional estimating techniques.
  • Discuss the power and dangers of Xactimate.
Title:
Estimating Large Losses: When Does Xactimate Become the Wrong Tool
Date+Time Of Webinar:
Thursday, July 25, 2024
10:00am Pacific Time
Register Now!
Credits:
1 Credit in California, Florida, and Texas You may be able to self-apply in other states.
Speakers:
  • Mike Villalba, Lead Expert, Pete Fowler Construction
  • Dave Luxa, Expert, Pete Fowler Construction
  • Carla Braunstein, Partner, Wood, Smith, Henning & Berman LLP
By:
Pete Fowler Construction Services: https://www.petefowler.com/

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