Dwelling & Commercial Property Fee Schedule:
***All claims fees are "suggested base fees" only; special circumstances can affect actual costs. Please remember that only the insurance policy can give actual terms, coverage, amounts, conditions, and exclusions.
FULL REPAIR COST

Loss Amount

Appraisal
Only

Full
Adjustment

Desk
Adjustment

$0.00 - $5,000.00

$320.00

$380.00

$290.00

$5,001.01 - $10,000.00

$470.00

$560.00

$440.00

$10,001.01 - $20,000.00

$720.00

$850.00

$680.00

$20,001.00 & above

Time &
Expense

Time &
Expense

Time &
Expense

Loss amount is based on the replacement cost loss prior to deductible, coinsurance or any policy limits.

Appraisal only:

Includes file setup, 24 hour contact (when possible), 48 hour inspection (when possible), up to 10 photographs, one fax acknowledgement, detailed estimate of repairs agreed with customer & computed at replacement cost & actual cash value, first & final report within 15 days of assignment.

Full adjustment:

Includes file setup, 24 hour contact (when possible), 48 hour inspection (when possible), up to 10 photographs, one face acknowledgment, detailed estimate of repairs agreed with customer, licensed contractor or public adjuster, coverage confirmation & evaluation, cause & origin confirmation & investigation (excluding experts when required), RCV/ACV salvage/subrogation evaluation, proof of loss (if requested by client), first report within 15 days of assignment, supplemental reports every 30 days through conclusion.

Recorded Statements:

Inside & telephone, $75.00 + office expense*
*This fee is available in conjunction with the property appraisal assignment.

Signed Statements:

If requested by client & completed in conjunction with the initial inspection, $120.00

Photos:

Color 35mm photos at $2.00 each in excess of 10

Mileage:

Mileage charges of $0.45 per mile will be applied in excess of a 25-mile radius of our offices (50 miles in Connecticut & New Jersey).

Travel Time:

The hourly rate of $15.00 applies to all losses in excess of a 50-mile radius of our offices.

Note: Time & mileage will be prorated when possible

 

© 2001-2003 Larry Press, Inc.