Every restoration company encounters a certain percentage of projects that turn out to be undesirable, unprofitable, or uncollectible. Sean Scott likes to call these jobs the rotten eggs of restoration. Here he shares key things to consider when job leads are called in.
CoreLogic acquired Next Gear Solutions Sept. 15. "I look forward to leading this new team as we continue to innovate for restorers, insurance carriers and property owners, making good on our mission to help millions of people to protect and restore the homes they love,” Gray said.
CoreLogic acquired Next Gear Solutions on Sept. 15, 2021. Here, Garret Gray, founder and CEO of Next Gear Solutions dives into what this means for restoration contractors.
“Another interesting and pivotal day in the restoration industry,” Springer said. “We've had so many of our members reach out to us today to ask: What is the impact and what is all about this major acquisition that we've heard about in CoreLogic acquiring Next Gear?"
The deal, called "a very major event" by RIA President Mark Springer, combines Next Gear and CoreLogic’s Claims Connect platforms, property data and analytics, and tools for restoration contractors and insurance carriers.
This analysis includes residential homes and commercial properties, including contents and business interruption and does not include broader economic loss from the storm.
Don’t hesitate to spend time learning and improving your staff and yourself. The time spent training will pay dividends later in the form of faster job completion, little-to-no damage to items in your care and, of course, happy and well-cared-for customers in their time of need.
Many restoration contractors, business owners, and managers struggle to train their teams to clearly and consistently document the story of the loss. Every insurance claims estimate, especially those composed in Xactimate, need two key things.
Most property damage claims result from floods, fires, or storm-related occurrences. However, restorers also encounter unusual claims, such as automobiles that collide into buildings.