5 min
Will a Recession Bring an Increase of Denied Disaster Restoration Insurance Claims? Take 5 With Cleanfax – an ISSA Podcast
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- Business News
Most, if not all, disaster restoration companies have experienced insurance claims being denied, which means payment for their work is delayed, if not in complete jeopardy. Sometimes a legal battle then ensues. And now a new twist may be developing. According to Kevin Jones, the owner of the I-40 Structural Drying Academy, and a consultant in the restoration industry, as corporate funds dry up the industry may see more denied claims. There are solutions that restoration companies can consider as they deal with insurance companies, claims, and the entire process of getting paid in a timely manner. Jones outlines several key strategies in this episode of Take 5 with Cleanfax.
Most, if not all, disaster restoration companies have experienced insurance claims being denied, which means payment for their work is delayed, if not in complete jeopardy. Sometimes a legal battle then ensues. And now a new twist may be developing. According to Kevin Jones, the owner of the I-40 Structural Drying Academy, and a consultant in the restoration industry, as corporate funds dry up the industry may see more denied claims. There are solutions that restoration companies can consider as they deal with insurance companies, claims, and the entire process of getting paid in a timely manner. Jones outlines several key strategies in this episode of Take 5 with Cleanfax.
5 min