If you’re growing frustrated or disappointed with the way your restoration business’s claims management process works, it might be time to consider outsourcing. At One Claims Solutions, we handle restoration claims management for restoration contractors all over the country. Here are some of the benefits you can expect to see when you outsource claims management to an experienced, specialized claims management team:
At OCS, we speak with restoration contractors across the United States about the pain points in their business. Often, contractors will bring up their frustration with negotiating with adjusters, which is understandable. It can be hard to get in contact with adjusters, especially when you’re already busy trying to run your restoration business. Feeling like you have to fight just to be compensated fairly for your restoration work is exhausting.
Outsourcing restoration claims negotiation takes that responsibility off your shoulders completely, allowing you to skip the frustrating conversations and phone tag with adjusters. With a dependable restoration claims management partner, you can count on them to negotiate better claims payouts on your behalf.
Chasing down adjusters and negotiating restoration claims can quickly eat up a lot of your time. When you outsource restoration claims management to a qualified partner like OCS, you can take all of that time you spent on claims and dedicate it to other parts of your business like expanding your business or improving your services.
The shorter you have to wait between completing a restoration job and receiving payment for your work, the better. When your time to pay is long, it complicates every aspect of your restoration business’s finances, all the way from payroll to overhead. When you outsource collections, your claims management company is often able to decrease that waiting period, strengthening your cash flow.
It’s hard to run a successful restoration business when you feel forced to settle claims for totals that leave you with razor-thin profit margins. When you outsource claims management to an expert partner, your claims payouts will increase, leaving you with a higher profit margin. Healthy profit margins make your business’s finances easier and can provide you with peace of mind.
Insurance providers use a lot of different strategies to keep claim payouts low. To get the best chance at higher payouts, you need to also approach claims negotiation with strong strategies.
At OCS, we understand how the property insurance industry operates, and we put that knowledge to work to get you better payouts. We have claims experts who specialize in the best negotiation strategies with different major insurance providers. We use our broad restoration and property insurance industry knowledge base to fight on behalf of our contractors to get them the payouts they deserve.
If your restoration business’s claims collections process isn’t at its best, it’s time to consider a new approach. Outsourcing your claims management could be the answer. Reach out to One Claim Solution to explore your options.