Recovering from resulting property damages caused by a contractor
Unlike first party property policies which insure the property from damages as a result of a covered peril such as fire or hurricane, Commercial General Liability policies cover property damages as a result of a contractor’s operations. At our firm, we find these “occurrences” to happen frequently. The meaning of “occurrences” with regards to general liability claims simply relates to when the damage to the property happened. Like many other policy contracts, CGL or commercial general liability policies carry exclusions. One exclusion for a property owner to understand is that the CGL policy only covers the property damages as a result of the operations of a contractor, not the actual work or product. Also, understanding the difference between when the work was performed verses when the actual resulting property damage occurred is important when relating it to the commercial general liability policy period for the hired contractor. Commercial General Liability policies will only pay actual cash value instead of replacement cost, it is important that your property damages are carefully appraised. Floridian International Adjusters understands these issues and excels in managing your commercial general liability claim from the beginning and until a settlement is reached acceptable.
Everyday property damage scenarios as a result of a contractor’s operations:
- Fire sprinkler head leaks while installing HVAC equipment
- Fire & smoke as a result of soldering plumbing water supply lines
- Water damage inside a building during the process of a roof being repaired or replaced
- Burst pipes flooding multiple floors as a result of renovations inside a condominium unit
- Cracks to buildings and foundations as a result of construction and equipment
- Paint splashing as a result of not protecting surfaces such as floors or furniture
- Inundated homes as a result of improperly manipulating appliances
- Water damage inside a building as a result of improper window installation
Who is responsible for the resulting property damage?
The initial documentation of your property damage is imperative in providing the evidence needed to create an initial presentation to your insurance company. Taking photos and videos with a smartphone or any other device will help solidify your claim and show important documentation of damaged property that may not be obtainable at a later time. Obtaining the contractor’s business information such as company info, license & insurance, signed contracts and invoices. Contacting an insurance claim professional such as a public adjuster is beneficial in the documentation of damaged property at the early stages of an insurance claim. We find that business owners, managers, boards and other policyholders at times fail to understand and identify the nature and extent of their damage. Our adjusters have the experience and trained eye that allows us to immediately understand the scope of repairs with clarity.
Our Public Adjusters Service The Following Areas
Floridian International Adjusters continues to expand into several regions of the US and abroad. Currently, our licensed adjusters can assist property owners with damage in the following locations:
|South Carolina||North Carolina|
Property Loss Consultants working for you!
Founded in a region known for it’s high risk of natural disasters such as tropical storms, hurricanes, floods, fires and other catastrophes. Floridian International Adjusters has become a known advocate for policyholders who have incurred the consequence of property damage to their homes and businesses. Our licensed public adjusters have represented and settled thousands of property insurance claims on behalf of property owners. FIA’s trained staff and adjusters come from many diverse backgrounds such as customer relations, architecture, emergency restoration, marketing, business administration and even from inside the insurance carrier side of the property insurance industry. The combination of these various disciplines gives the firm a competitive edge in excelling the practice of public insurance adjusting, property loss consulting and loss appraisal.
Floridian International Adjusters core principles center on the needs of our clients. Our careful representation and insurance claim management strategies provide your property loss claim with an opportunity to maximize the benefits of your insurance policy coverage in an efficient and pro-active manner. Understanding the nature of identifying damage and properly appraising the value of your claim is our specialty.