Insurance Summary
info
24/12/09 - I compiled a simpler version from our insurance company's Claims Summary Report so that we could more easily compare them item to item with our contractor's estimates & invoices.
Insurance Claim Totals
| Summary | Time & Materials | ||
| Line Item Total | 12,589.48 | Material | 2,960.98 |
| Tax | 207.27 | Labor | 9,804.46 |
| Subtotal | 12,796.75 | Equipment | 1,200.15 |
| Laundry & D/C Tax | 0.58 | Miscellaneous | 8.25 |
| RCV Replacement Cost Value | 12,797.33 | Subtotal | 13,973.84 |
| Less Depreciation (Including Taxes) | (2,044.36) | Material Sales Tax | 207.27 |
| Less Deductible | (2,620.64) | Laundry & D/C Tax | 0.58 |
| Net Actual Cash Value Payment | $8,132.33 | Total ACV Actual Cost Value | 14,181.69 |
Insurance Reimbursement vs. Contractor Costs
Tree Removal
| Insurance | Contractor | ||||
| Tree Removal - | |||||
| Tree - removal and disposal | |||||
| Materials | 2,239.44 | Materials | |||
| Labor | 1,165.92 | Labor | |||
| Line Items 39-40 | 3,405.36 | JMP Construction | 6750.00 | Difference: | 3344.64 |
Landscaping
| Insurance | Contractor | ||||
| Landscaping - | |||||
| note: 20,000 coverage in our policy but nothing in claim settlement. Lost a lot of turf and shrubbery. Some of it due to heavy equipment ( not sure if covered ) Will replant & re-sod/seed. | |||||
| Materials | Materials | ||||
| Labor | Labor | ||||
| Line Items - | 0.00 | Contractor(s) | |||
Demolition
| Insurance | Contractor | ||||
| Demolition - | |||||
| Materials | Materials | ||||
| Labor | Labor | ||||
| Line Items - | Contractor(s) | ||||
Roof
| Insurance | Contractor | ||||
| Roof - | |||||
| note: contractor noted that he saw nothing in the settlement regarding engineered trusses 🛑 and pointed out the both sides of the top roof will need to be replaced. Will be writing up quote. | |||||
| Materials | 493.54 | Materials | |||
| Labor | 4,259.46 | Labor | |||
| Line Items 1-4 | 4,753.00 | Contractor(s) | |||
Insulation
| Insurance | Contractor | ||||
| Insulation - | |||||
| Materials | Materials | ||||
| Labor | Labor | ||||
| Line Items - | Contractor(s) | ||||
Siding
| Insurance | Contractor | ||||
| Siding- | |||||
| note: cedar siding - about 40-60ft needs to be replaced | |||||
| Materials | 1.20 🛑 | Materials | |||
| Labor | 204.50 | Labor | |||
| Line Items - | Contractor(s) | ||||
Soffit, Fascia, & Gutter
| Insurance | Contractor | ||||
| Soffit, Fascia, & Gutter - | |||||
| Materials | Materials | ||||
| Labor | Labor | ||||
| Line Items - | Contractor(s) | ||||
Windows
| Insurance | Contractor | ||||
| Windows - | |||||
| Materials | Materials | ||||
| Labor | Labor | ||||
| Line Items - | Contractor(s) | ||||
Doors
| Insurance | Contractor | ||||
| Doors - | |||||
| Materials | Materials | ||||
| Labor | Labor | ||||
| Line Items - | Contractor(s) | ||||
Drywall
| Insurance | Contractor | ||||
| Drywall - | |||||
| Materials | Materials | ||||
| Labor | Labor | ||||
| Line Items - | Contractor(s) | ||||
Paint
| Insurance | Contractor | ||||
| Paint - | |||||
| Materials | Materials | ||||
| Labor | Labor | ||||
| Line Items - | Contractor(s) | ||||
Flooring
| Insurance | Contractor | ||||
| Flooring - | |||||
| note: there is water damage to the subflooring beneath the carpet that the adjuster didn't note or look for. Also will need to redo the entire carpet upstairs to match. | |||||
| Materials | Materials | ||||
| Labor | Labor | ||||
| Line Items - | Contractor(s) | ||||