The 2023 Claims Pages Depreciation Guide suggests life expectancy and depreciation rates for individual items in a variety of categories such as appliances, bedding, building materials, clothing, electronics, furniture, HVAC, kitchen equipment, roofing supplies, and so much more. It is downloaded thousands of times every year and is used by hundreds of insurance companies.
The release form identifies all parties to a claim, states the date and location of the insured event, and details the terms of settlement of a claim. The release contains a statement that, as a condition of the settlement, prevents any further claim or legal action against the insurer for the insured event.
Financial worksheet for calculating a repair estimate, with one column to itemize losses, and 3 columns for replacement cost, depreciation, and actual cash value.
The reservation of rights letter notifies the policyholder that the insurer reserves the right to deny coverage of a claim, in whole or part, pending outcome of a claims investigation.
A summary of the laws and regulations in each state with regard to whether there is a duty or obligation on the part
of a subrogated carrier to reimburse any or all of its insureds deductible to its insured before it can successfully subrogate or seek reimbursement of its claim payments.
The adjuster uses this form to identify potentially responsible third parties and their actions that may have caused worsened flood damage. This includes looking at foundation grading and adequacy of sewer lines.