claim estimate

Home Insurance Claim Estimate Too Low: Why It Happens and What It Means

by
Home Insurance Claim Estimate Too Low

A gap between your contractor’s estimate and the insurance adjuster’s estimate is one of the most common hurdles in the property claim process. Estimates differ because adjusters use standardized software (like Xactimate), while contractors quote real-world local market costs for labor and materials. The most crucial distinction you must make is whether you are facing … Read more

Xactimate, Xactly: Why Your Insurance Settlement Is Often Less Than Your Contractor’s Quote

by
Why Insurance Estimate Lower Than Contractor

Your insurance settlement is often lower than your contractor’s quote because adjusters use a pricing software called Xactimate, which relies on regional database averages rather than real-time local market rates. During periods of inflation or high demand, Xactimate’s database significantly lags behind what local contractors actually charge for labor and materials. A major source of … Read more