Third Party Administrators

03 Jan What We Learned from Our Top 100 Supplements From 2019

Posted at 01:44h in Claims Management, Partners, Roofing Contractor Tips & Advice, Third Party Administrators by Camille

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In 2019 we helped roofing contractors across the U.S. with 5,000 insurance claim supplements. That means we processed almost 500 individual claim supplements per month! We are super proud of our entire team for this major accomplishment. As the nation’s leading claim supplement company, you can...

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03 Dec Are You Working For Free?

Posted at 00:19h in Claims Management, Roofing Contractor Tips & Advice, Third Party Administrators by Camille

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If you’re an insurance restoration contractor, you’ve probably heard of Xactimate or Symbility. These advanced billing systems assign a dollar value to every task you perform as a roofing contractor. These programs are EXTREMELY complicated to use and can take years to master. What's worse is...

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30 Aug The Importance of an In-House Supplement Team

Posted at 12:34h in Claims Management, Roofing Contractor Tips & Advice, Third Party Administrators by Camille

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“It’s critical that clients in the contracting space that are working with Balance or any other outsourced third-party administrators have an in-house team,” Troy Clymer, Balance CEO If you are like most roofing companies, you’re used to running a lean team. It’s just you, your...

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30 Aug How Contractors Can Minimize Claim Turnaround And Maximize Efficiency

Posted at 12:31h in Claims Management, Roofing Contractor Tips & Advice, Third Party Administrators by Camille

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What would you say is the most critical factor for getting a valid insurance claim paid quickly? Is it the type of damage? Does it depend solely on the insurance carrier? Or maybe the experience of the claim adjuster? While those things can play a...

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31 Jul Valid Roofing Claims Getting Denied? Here’s What To Do.

Posted at 19:16h in Claims Management, Partners, Roofing Contractor Tips & Advice, Third Party Administrators by Camille

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2019 is shaping up to be another year of sweeping regulations and laws impacting the roofing industry. The most recent being HB2102 & 2013 and HB7065 (AOB reform) in FL. If there's one thing all roofing contractors can agree on it's this:  it's becoming harder...

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01 Apr How To Get Balance In Your Business

Posted at 14:40h in Claims Management, Roofing Contractor Tips & Advice, Third Party Administrators by Camille

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We exist to help roofing and restoration contractors write accurate Xactimate estimates and save time to prevent costly errors when dealing with insurance files. Contractors that work with us can expect fast, compliant, and accurate Xactimate estimates and supplement services, but more than that, we provide a...

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01 Apr Why Outsource Your Roofing Supplements

Posted at 14:35h in Claims Management, Roofing Contractor Tips & Advice, Third Party Administrators by Camille

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If you work at a roofing or other contracting company, we’re going to assume that reviewing insurance claim estimates, dealing with adjusters and chasing paperwork is not the best part of your job. In fact, we’ve talked to hundreds of contractors across the US who’ve...

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29 Oct What Can You Expect from Our Supplement Team?

Posted at 21:40h in Claims Management, Roofing Contractor Tips & Advice, Third Party Administrators by Camille

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Balance uses XACTIMATE®, along with a variety of industry leading property measurement data providers to deliver fair, comprehensive, and market specific estimates and supplements for any job. But what does that really mean for your roofing company? It means we not only get what is fair...

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02 Oct Roofing Estimates: Getting O&P

Posted at 14:04h in Claims Management, Roofing Contractor Tips & Advice, Third Party Administrators by Camille

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One common problem that has been arising is when overhead and profit should be paid in response to a property insurance claim. For those not aware, overhead and profit (generally estimated at 20% of the total amount of the estimate) is intended to cover the...

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02 Aug Why Add Fire, Water and Mold Restoration To Your Service List

Posted at 10:54h in Claims Management, Roofing Contractor Tips & Advice, Third Party Administrators by Camille

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2018 has been a strange year for hail storms across the U.S. Overall, storm reports were down almost 30% in early April and May compared to 2017, and even though several large storms did occur in late June and July, they were in the same...

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