Units:
4
Culrpit
Fire Damage
Payout
$680,000
Background:
A severe fire caused extensive damage to a four-unit residential property in California. The incident left the property owner facing significant financial challenges, with the initial insurance company offer of $97,000 falling drastically short of the funds needed for repairs and restoration.
Solution:
The property owner turned to Elar Adjusters for help navigating the complex claims process. Our team conducted a thorough inspection of the damage, carefully documenting the structural destruction, smoke impact, and compliance requirements for rebuilding. We prepared a detailed claim that accurately reflected the true cost of repairs and restoration. Leveraging our expertise, we negotiated persistently with the insurance company to ensure a fair evaluation of the losses.
Outcome:
Our efforts led to a settlement of $680,000, a dramatic improvement from the initial offer. This resolution provided the necessary funds to restore all four units to their pre-loss condition, ensuring the property owner could recover fully and without additional financial burden.