xactimate pricing

What Is Xactimate? Why Insurance Estimates Are Built This Way – and What It Means for Your Claim

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What Is Xactimate

Xactimate is the industry standard software used by insurance adjusters to calculate property damage repair costs. The software relies on a regional database of historical average prices, which often lags behind current, real world contractor rates. A difference between your insurance offer and your contractor’s quote is usually caused by a “scope gap” (missing repair … Read more

How Home Insurance Claims Have Changed — And Why Most Homeowners Are Still Playing by the Old Rules

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How Home Insurance Claims Have Changed

The national average denial rate for property claims has reached 37 percent, meaning the process requires far more rigorous documentation today than it did twenty years ago. Algorithmic pricing tools like Xactimate often lag behind actual local contractor rates, frequently resulting in initial settlement offers that fall significantly short of real-world repair costs. Relying on … Read more