LOSSES l PERSONAL PROPERTY
LOSSES l LOSS OF INCOME
building on a loss typically consists of the property that you own,
or the property which you own and rent to others.
Construction today, consists of an almost infinite number of designs
and building materials. The preparation of an estimate to replace
or repair such a variety of structures requires an extensive background
in construction. J.E.M. Adjustment provides such a background.
Over the years, J.E.M. Adjustment has acquired the technical knowledge
required to present a complete and comprehensive building replacement
or building repair estimate.
J.E.M. Adjustment has also assembled an array of seasoned contractors
and specialists, ready and able to assist in the handling of your
insurance building claim.
is the personal property owned by you the insured, and located on
and off the insured property.
J.E.M. Adjustment assists the insured in preparing a complete, comprehensive,
and accurate list of damaged contents.
The importance of presenting a complete and thorough contents claims
list to the company cannot be over stated. All to often, the unassisted
insured presents to the company a contents work sheet that is incomplete.
The result is often confusion on both sides, and almost always delays
the settlement process and can potentially affect the settlement amount.
aspect of the contents claim is called Depreciation. Depreciation
is the amount deducted from the Replacement Value of the contents
claim, and is typically based on the age and condition of the damaged
item or items. Items such as antiques, appreciate over time. Other
Items such as a television set for example, depreciate over time.
Once again J.E.M. Adjustment can be instrumental in establishing both
the replacement value, as well as the depreciation associated with
J.E.M. Adjustment is in a position to assist the insured and facilitate
the contents portion of the loss, often affecting the outcome of the
contents claim settlement.
of Income, most commonly found on commercial claims, is the loss of
income incurred by the insured as a result of a covered loss.
The Loss of Income portion of a loss is sometimes the most complex
part of a commercial claim. At J.E.M. Adjustment, we specialize in
identifying the business loss of income value associated with a loss.
If necessary, we will secure the services of a Certified Public Accountant
to verify our loss of income position on a loss.