Insurance/Legal Matters in Restoration

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An appraisal clause proves a useful tool as claims become more often contested.

Agency updates tool for evaluating homes in National Flood Insurance Program.

The Restoration Association of Florida filed a lawsuit to prevent a new insurance law that the group claims violates the single-subject rule of the Florida Constitution, while also infringing on the rights of homeowners and roofing contractors who perform work under valid assignment of benefits contracts.

Use these techniques to minimize risk at jobsites and prevent the bringing home of hazardous materials.

Insurer provides complimentary smart home kit, premium discount to customers.

How to get free insurance from the vendors that work for you as well as tips on how to avoid becoming an insurance company of last resort.

“In the first part of this series, I identified the steps to create a respiratory protection program. This second article will cover how to implement and follow your program. Once everything is implemented, you will have an OSHA-compliant program tailored to your company and designed to protect employees from the hazards in the Restoration Industry,” Barry Rice, CSP, writes.

In response to an explosion of “toxic mold” claims in 2000-2001, the insurance industry acted in unprecedented unison to universally get rid of all claims related in any way to mold. They didn’t stop at just excluding claims from mold; they threw bacteria into the exclusion as well.

“When restorers allow insurers to make major changes to prices and scopes of work, it creates a serious risk that policyholders will end up with something less than what restorers believe in their professional judgment are the best methods to return properties to their pre-loss condition.”