Building Losses
In order to properly adjust any claim for damage to a structure, it is important to prepare a detailed repair estimate. Sarasohn & Company will do that on your behalf, employing the services of contractors, engineers and architects, whenever necessary, at no additional cost to you. Full consideration is given to the provisions of your particular policy, so as to maximize the recovery. This includes consideration of depreciation, coinsurance, code upgrades, deductibles and any other factors important to a successful adjustment. Sarasohn & Company is also equipped to provide project management for the reconstruction process. Project management is a field used in large construction projects to coordinate the various aspects of the repairs. This service is provided at no additional cost.
Personal Property Losses
All insurance policies require the submission of a complete inventory of both the damaged and undamaged personal property. This includes machinery, trade fixtures, appliances, merchandise inventory, household furnishings, clothing and all other movable property insured under the policy.
Sarasohn & Company has on it’s staff, experienced personnel who are capable of filling these requirements. In addition to listing the property involved, our experts will calculate the replacement cost and actual cash value of each item as well as the repair cost when appropriate. We will determine the salvage value, if any, and help arrange for protection of the property from further damage as required by the policy. Our services can be helpful in documenting your tax loss, if any.
Loss of Income
One of the most complex aspects of your claim involves calculating the loss of income you will suffer as a direct result of damage to real or personal property. Sarasohn’s long term experience has helped to develop a team of forensic accountants who have proven to be outstanding in their ability to adjust claims in a way most favorable to the policy holder. The services of CPAs and tax attorneys are engaged when necessary, at no additional cost to you.
One of the questions that usually arises in a loss of income claim involves the continuation of payroll during the shut down period. It is extremely important that a method be established as soon as possible after the loss, to resolve this aspect of the claim. Sarasohn & Company, with its years of experience, will assist you with these important decisions.
