If you’re a restoration contractor new to OCS or considering partnering with us, you might have some questions about what we do and how we do it. Here are some of our most frequently asked questions and their answers.
Yes. OCS gets contractors paid faster than the industry average.
Yes. Early on, we ask for some of your historical collections information. Then we use that data to make sure we are collecting more for you than you were collecting before OCS, even after our fee.
OCS sends our contractors weekly reports that include details like claim status, invoiced amounts, and balances. For real-time claim statuses, our contractors can use our newly launched contractor portal.
Most of the time, we do settle below 100% of an invoice. We negotiate with adjusters with the goal of improving your overall collections rate compared to the historical billing data you provide us during onboarding.
No, OCS does not settle every claim. We evaluate each claim based on whether it outperforms your previous earnings after our fee. If a carrier is refusing to offer anything but an unfairly low payment, we may opt to accept it as an initial payment and then explore legal avenues to ensure you get the remaining amount you deserve.
Yes. We reach out to homeowners for any queries regarding their claims or insurance payments. We encourage contractors to introduce us early on to set expectations and avoid surprises if we need to contact homeowners later in the process.
We encourage our contractors to introduce homeowners to OCS early on, explaining our role in streamlining the claims process and how they benefit from it. Let them know that we may reach out so that they are prepared if we call.
Our account management team responds and advocates on behalf of our contractors. We contact our contractors as needed to get more context or relay messages, especially for scenario-specific questions.
During the first week, we have a kickoff meeting where we go over any recommended changes to your billing practices and our contractor portal. After that, we typically meet for 30 minutes each week for the first month to familiarize you with the process and answer any questions.
If an adjuster contacts you, redirect their inquiries to us. Sometimes during the transition into working with us, it can take a second for adjusters to realize that OCS handles your claims now. Redirecting questions to us prevents confusion and helps adjusters understand our role more quickly. Typically, after the initial transition, adjusters are good about reaching out to us first.
We might be! OCS only handles independently sourced jobs. If a large enough portion of your work is independent, we can still provide value for you. Typically, we recommend contractors have at least 10 independent jobs per month if they want to work with us. If you have TPA work on the side, you can continue managing those independently and leave the remaining workload to us.
If you’re a company that does a large portion of TPA work and want to know if OCS is right for you, we will get you in touch with our sales team to discuss specifics. We’ll always be upfront about whether or not we believe we can provide value and be a good fit for you.
Have other questions? Please reach out!