Xactimate Estimation is the leading software used by most property insurance adjusters and restoration contractors. If you are in the real estate insurance business and use this software, is there any downside to being an expert using the software? post, Explain Xactimate Accuracy and the Need to Analyze Details Before You Get the Wrong Turkey Dinner from the Insurance Company's Estimate :
Insurance company estimates often say they have appreciated constructing a repair or replacement of something the policyholder's estimate and complains about the higher price of the policyholder's estimate. But when you look at the details – and especially the descriptions ̵1; that are included in Xactimate of what they have appreciated being done, much is missing on the insurer's side. Pay attention to the details of what is done and the descriptions found in Xactimate.
Tuesday at 2 With Chip Merlin will present a Xactimate Trainer, Andrew Behrens. Here is a YouTube video where he discusses the importance of Xactimate training:
On Tuesday, Andrew will discuss many points including:
- The Importance of Appreciation for Property Insurance Adjusters
- Widespread Use of Xactimate Software
- Misconceptions About Xactimate
- Hypothetical versus actual or incurred costs
- Varying roles = Varying responsibilities
- Low user certification rates
- 1% -2% certification level level 1 and 2
- 10% level 3 certification level
Estimating property damage is something where all property adjusters must have expertise. This is a do not miss Tuesday at 2 and I hope you will mark it on your calendars.
Here is the link to Livestream.
Thought for the day
Tell me and I forget. Teach me and I will remember. Involve me and I will learn.