Commercial Insurance Claims for Builder’s Risk

Our public adjusters are highly experienced in claims involving builder's risk. We guide you through the entire claims recovery process, working to get you the maximum amount for your claim.
When a disaster devastates your property and halts construction, the mounting costs from delay can become immeasurable. How are you covered?

It may be the largest development project in your company’s history, years in the making. A project that you may have to bet your future on. Then, when a disaster devastates your property and halts construction, the mounting costs from delay can become immeasurable. When your project is under construction, it is vulnerable to a range of natural and man-made disasters that can threaten your investment within moments. How are you covered by a builder’s risk insurance policy?

After a disaster, it isn’t just about the hard costs of repairing and rebuilding what was damaged or lost. It’s about the soft costs, too. Because a disaster has delayed your completion date, the additional expenses and potential business income loss you now have to bear can be extraordinary. Rather than leaving it up to your insurance company to decide what can be covered, our public adjusters have the expertise and proven results to evaluate, document, and present a detailed and comprehensive claim of all losses to prove what you are entitled to under your policy. We work only for you, negotiating and expediting a maximum claim amount so you can recover and get the job done.

What To Focus On After Builder's Risk Damage

Make sure you fully understand the meaning of each of the following before you move forward. Feel free to reach out to us for a no-cost discussion about your claim.
  • What is my agent/broker’s role?
  • What do I need to know about the insurance company’s experts?
  • Why is a claim strategy so important?
  • What are considered hard costs?
  • What are considered soft costs?
  • How quickly can I start rebuilding following a loss?

Property Damage Losses Commercial Claims Recovery Process

Property Damage
Time Element
Life & Safety Issues
Mitigation of Damages
Establish A Preliminary Recovery Plan
Evaluation of Coverages
Valuation Of Damages, Claim Preparation, and Documentation
Negotiations & Settlement
Restoration Of Property & Operations

How Our Team Helps You

  • Evaluate Fully reviewing your insurance coverage.
  • Strategy Developing a claim management strategy.
  • Compliance Determining policy compliance issues.
  • Valuations Completing detailed valuations of building, equipment and inventory losses.
  • Interruption Formulating business interruption models.
  • Itemization Presenting and supporting an itemized claim package to your insurer.
  • Negotiation Negotiating on your behalf with your insurance company.
  • Communication Keeping you informed every step of the way.
  • Settlement Ultimately settling the claim for the maximum amount and with less hassle for you.

Industries We Have Helped

You were there for me when I needed you…emotionally and professionally. You took the time to explain those things that needed explaining and you had the expertise to get the job done…quickly, efficiently and graciously. Your expertise resulted in a 100% increase in my settlement. The peace of mind you gave me as I observed your professionalism and competence in preparing the necessary information needed to resolve my claim had a calming effect and allowed me to go about my business without concern.
Jacqueline Lerman/Jackie Collins
Testimonial
…Having never been through a major property claim, I was unprepared to stand up to the insurance company and their consultants. Gordon Scott initially promised a team approach with a well coordinated strategy and what I got was no less than hall of fame caliber…Your team educated me on the available coverage’s my policy provided. You were able to obtain maximum rental value while my home was untenable, correctly valued my personal belonging’s including my extensive wine collection, and ensured the mandated code upgrades were included in the final settlement. In the end I received over $3,500,000 when I was originally offered less than $500,000…Dealing with an insurance company takes a true professional who has the necessary experience and expertise. Greenspan filled that role and was truly an advocate on my behalf.
Michael Tuite
Testimonial

For decades, L’Auberge Chez François has been one of the leading restaurants in the metro Washington, D.C., area. Known for its exceptional French cuisine and impressive service, the restaurant is a longtime favorite of Washingtonians celebrating anniversaries, birthdays or other special occasions.

Earthquake rocks major coffee retailer. In 2000, Seattle, Washington was struck by a 7.3 magnitude earthquake, later named Nisqually. The seismic…

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Related Resources

  • Podcast
    07.06.2016

    Builder's Risk Insurance

    Panelists discuss steps policyholders should take to ensure there is adequate insurance coverage on their upcoming or existing project
  • Publication
    Issue # 3037

    Builder's Risk Insurance

    Moving into a newly constructed or renovated building is an exciting time. It’s the culmination of a complex undertaking, involving a spectrum of activity from land acquisition to ...

Contact Us

If you're suffering from a commercial property claim, we can help!
Call us at 800.426.0677 or fill out the form below:
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