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Insurance Repair Job Slow To Pay!!

 
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Old 08-01-2019, 07:19 PM   #1
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Insurance Repair Job Slow To Pay!!


should have known

gave this lady a cost 2 years back when we had that bad hurricane.
a good half of the drywall inside was water damaged

called me 3 months ago , and said she just got the money.

she was living with large drywall cut-outs throughout the 2 story townhome, she had paid a guy to come out , and demo , and spray it all with primer , and he plastic`ed it all over so it looked ok.

once she signed my contract , it took 6 -8 weeks to get the first check

we`re about 3/4 done
i gave her the next invoice .
they contacted her a week later , and said " we`ll contact the contractor , and arrange a walk-thu to inspect"
haven`t heard from them since

i told her i`m gonna have to pull off the job , till they release a payment.
she`s too nice , and doesn`t want to pressure the insurance company.
subs aren`t happy
they want to keep pushing '
but i told them its almost better for us to leave as it is , just so the client has a reason to pester the insurance company.

used to be , we did mostly insurance work after hurricane ,
but back then they released the funds to client immediately .

any of you guys have to deal with insurance companies like this ?
making her wait 2 years , then , expecting her to wait for each draw (3 of them ) exaggeratedly long.
makes me worry that last payment might take quite a while after completion
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Old 08-01-2019, 11:35 PM   #2
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Re: Insurance Repair Job Slow To Pay!!


insurance jobs have been notoriously slow paying for decades.

it is why one needs cash or a line of credit to play the game...

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Old 08-02-2019, 04:05 AM   #3
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Re: Insurance Repair Job Slow To Pay!!


I usually walk away from Insurance jobs, unless people got the checks from insurance company to cover everything or have the finances to cover the costs according to the payment schedule in the contract if the insurance company didn't pay.
I also stay away from jobs financed by FHA 203(k) Loans where you have to carry the job and it involves to much red tape and Gov BS.
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Old 08-02-2019, 04:11 AM   #4
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Re: Insurance Repair Job Slow To Pay!!


As a rule, I don't do insurance jobs. Too much hassle. The companies that do them, have people on staff that only do the paperwork side. They can make money, but it takes work.

In your case. Something's not right. Unfortunately, I've had to do several insurance jobs, in the last 2 years. Extreme hail storm and previous customers that I couldn't say no. About 2 weeks is the longest I've seen for an insurance check. Now, having said that, it can go about 4 weeks plus, if there is additional claims to the original insurance claim.
I've found lots of pictures seem to go a long way.

Since I've never worked in Florida, I can't say, but 2 years for an insurance check???? No way. Most companies have a 2 year limit, to get a signed contract. Some companies have a 1 year time limit to get the work completed.
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Old 08-02-2019, 04:34 AM   #5
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Re: Insurance Repair Job Slow To Pay!!


Quote:
Originally Posted by builditguy View Post
As a rule, I don't do insurance jobs. Too much hassle. The companies that do them, have people on staff that only do the paperwork side. They can make money, but it takes work.

In your case. Something's not right. Unfortunately, I've had to do several insurance jobs, in the last 2 years. Extreme hail storm and previous customers that I couldn't say no. About 2 weeks is the longest I've seen for an insurance check. Now, having said that, it can go about 4 weeks plus, if there is additional claims to the original insurance claim.
I've found lots of pictures seem to go a long way.

Since I've never worked in Florida, I can't say, but 2 years for an insurance check???? No way. Most companies have a 2 year limit, to get a signed contract. Some companies have a 1 year time limit to get the work completed.
2 Years it's not that bad...they are lucky. NJ still writing checks from Sandy Relief Fund and it's been 7 years and I was told they will be writing checks for another 3 years.
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Old 08-04-2019, 04:34 AM   #6
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Re: Insurance Repair Job Slow To Pay!!


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Originally Posted by greg24k View Post
2 Years it's not that bad...they are lucky. NJ still writing checks from Sandy Relief Fund and it's been 7 years and I was told they will be writing checks for another 3 years.
Wow. I had no idea. I guess staying away from insurance jobs was a better call than I thought.
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Old 08-04-2019, 07:59 AM   #7
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Re: Insurance Repair Job Slow To Pay!!


Quote:
Originally Posted by griz View Post
insurance jobs have been notoriously slow paying for decades.

it is why one needs cash or a line of credit to play the game...
yea .
agreed .
unfortunately , i don`t have the line of credit like i used to ( son had a life threatening health issue in his early teens years , mortgaged the house , closed wifes hair salon , and sold a second condo we owned , and eventually went bankrupt... twice. but son is good now. worth it all)

i didn`t realize this is so typical.
got a call yesterday (saturday. about a week and a half after i billed client)
a lady said " hi , i`m the inspector , are there right now?"
i said " really!? , the home owner contacted you all almost 2 weeks ago , and she was told you would contact her in 72 hours!
you really think i`m standing there , waiting for you , for 2 weeks??"

" well , sir" she says unemotionally ." i`m calling now . i just got the notice "
she didn`t even know her own clients name , she thought i was the client . i had to tell her the name of the home owner.

i tried to be respectful and said :
" listen , as i`m saying this to you ,i`m saying this to your company
this is ridiculous !.
the client is living in a construction site , and i had to stop because i saw no inclination that you were going to pay!. don`t think you should have responded earlier as you said you would"
she was emotionless . and stayed on course , and ask when she could meet.

yea ,
i guess insurance jobs are gonna be something i don`t do anymore also .
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Old 08-08-2019, 05:30 AM   #8
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Re: Insurance Repair Job Slow To Pay!!


I also had such difficulties

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