Are you looking to cut costs and maximize profits for your growing roof company? If so, there are simple and effective ways to do so without cutting corners. Every roofer knows that each project is essential to financing the success of your company. With so much competition in the industry, you should always be looking for ways to give yourself an advantage over the other guys.
For those reasons, we’re going to discuss one easy way to start earning more on each job by outsourcing roof supplements. Insurance companies have the software and “policies” on their side. Now it’s time to get a dedicated and experienced estimator on yours. Here are the top 4 reasons to outsource roof supplements:
Supplementing is Time Consuming
Desk adjusters for insurance companies spend a majority of their time pushing paper and completing tedious tasks. One of those tasks is estimating claims for homeowners who have structural damage and require a payout to have repairs done. For adjusters, these tedious tasks and negotiations are what they are paid well to do 40 hours a week.
Smaller roofing companies don’t have the budget to hire a team of adjusters or estimating staff to help counter insurance claims with supplements. Thus, a majority of their time is spent either doing the supplements themselves or hiring someone who is less knowledgeable or skilled to do them. Not only is this bad for your bottom line, it isn’t time or cost efficient.
Xactimate Training is Expensive
When preparing claims, adjusters use a software program called Xactimate. If you aren’t familiar with the software, it essentially allows users to input large quantities of data and corresponding codes in order to generate a claim. Oftentimes, these are not correct due to a lack of roofing knowledge. Insurance adjusters follow a standard set of policies put in place by their companies.
This means the information that is generated for an insurance claim is completely decided by the insurer. Bad news for the homeowner and roofing contractor who is looking to complete the job. The claim done by an adjuster will not account for overhead and profit or other contractor expenses.
Unfortunately, Xactimate training is costly and another time consuming step. Some courses can be as expensive as $1,000 and that doesn’t include travel required, exam costs, or re-certification costs.
In-Office Turnover is High
For the small roofing contractor who decides to hedge their bets and hire office staff to “multi-task” and prepare supplements, turnover is high. As previously mentioned, the work is time consuming and tedious. Any entry-level employee is going to tire from such a job and leave you in the cold when a better opportunity shows up.
Additionally, most office staff will not be well versed in the intricacies required to operate the Xactimate software nor will they have on-the-job experience with roofing projects. This means you’ll essentially have the equivalent of an insurance adjuster on staff.
Inexperience Leads to Rejected Supplements
Finally, but most importantly, inexperienced preparers tend to leave things out of their roof supplements. They do not have the know how to properly prepare it for submission and will take much longer to submit, leading to a rejection from the insurance.
It is difficult for untrained office staff to maximize supplements for a claim and ensure they are authorized. This leads to more money left on the table for you, the business owner.
Final Thoughts
Still thinking about doing it on your own or are you ready to outsource roof supplements with an experienced team of experts? Keeping the process in-house may seem a smarter choice in the short term. However, without someone with ample roofing experience preparing your supplements, you could be missing just as much as an adjuster.
Over the years, American Roof Supplements has helped dozens of business owners boost their profits by providing professional supplements. We do all the documentation and preparation so you’re ready to submit to the insurance with confidence.
If you are ready to outsource your roof supplements, give us a call at (469) 515-8435 to get started. Since you visited, we’re also giving away a FREE supplement just to say thanks!
