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RBECKINTEXAS
USA
25 Posts |
Posted - 09/14/2003 : 20:19:31
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Sentry, Tank you for the offer, I sent you my info. By the way your pay is 65% of what figure? and also you stated I get paid 2 weeks from closing a file. how do you determine a closed file. Thank you again Rich |
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sentryclaims
USA
6 Posts |
Posted - 09/14/2003 : 21:20:54
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RBECKINTEXAS
We pay on the 1st and 15th of every month. You get paid on a sliding fee schedule. The higher the estimate of repairs, the higher the fee bill. You make 65% of the fee bill. It could range from 115.00 to 1800.00, what ever it is you get 65% of that billing. A closed file is when you turn in an agreed estimate of repairs with the proper repots. Once the Carrier says it looks good, pays the claim, they pay our service invoice. All claims that you have on the books by the 5th day before every pay period you get paid for. |
Please visit our site at http://www.sentryclaimservice.com |
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pknewman
2 Posts |
Posted - 09/14/2003 : 21:55:27
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I'm ready to try CAT. Your email failed. How do I get in touch?
Peter Newman
quote: Originally posted by pilot48
I'll hire all the rookies out here, have obtained three strong contracts with paid retainers received..........you guys are receiving retainers aren't you?
You're not just showing up and trusting a total stranger that they'l pay you.......are you?
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pilot48
USA
78 Posts |
Posted - 09/14/2003 : 22:00:26
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just sent you an email, sorry I had an old email address here from long ago, it's been changed within the past 10 mins. Again I'm sorry for any delay. |
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LarryW
USA
126 Posts |
Posted - 09/15/2003 : 05:03:04
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If working for a vendor, I am contracting with that vendor, not their insurer client. I expect to be paid for my work product and that expectation is toward that vendor. I have no contractual relationship with the insurer. This is what I referred to in my earlier post about having guaranteed pay. Houtz, I was not saying I expect to be guaranteed any certain amount, I am saying I expect to be guaranteed the pay of the agreed percentage of the service invoice for my work product regardless of whether or not the vendor collects their $ from the insurer. I would rather work for 60% with a pay guarantee than 65% without one. If this storm hits as a cat 4 or 5, you can bet there will be insurers that will go under. In such a case, someone will be left holding the proverbial bag. It should not be the adjuster. From the above post, it sounds as though Sentry expects the adjuster to bear that risk. Am I correct? I worked Hugo for 6 months and Andrew for seven months and in both cases the insurers for whom I handled nearly all of my claims went bankrupt. I was paid every nickel I was owed and was paid timely because the vendor (Crawford) does not expect the adjuster to bear that financial risk. |
Larry Wright |
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Russ
USA
75 Posts |
Posted - 09/15/2003 : 07:08:27
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I applaud Sentry Claims Service for inviting Newbies to get some experience. Not many Vendors openly make that offer. Most fee schedules are ok and knowing you will have a pay check every two weeks is reassuring. Some vendors still pay Adjusters when they get paid by the Carrier. The best thing is to get out and get your feet wet. Like AJ said,our profession is not for the faint of heart. To be successful takes hard long days and nights, working when you dont feel like it, pushing yourself all the way. Good luck!!! Have a great day!!! Russ |
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Newt
USA
657 Posts |
Posted - 09/15/2003 : 10:01:46
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Ditto Russ, Sounds like these guys are being more than fair. I didn't understand why the fire fight took place except adjusters have short fuses toward each other. They seem to be the most friendly people in the world in person. I never met one I didn't like. Must be the computers. If I find a vendor I like, or sign with, I will be with them for the long haul, because I don't like changes and believe in loyalty to a degree.Its a two-way street. I am interested in deployment, if any one needs a new hire I will be available. I have a Texas/Al license, and have attended the NFIP workshop. Contact me by email and I will respond with a copy of my lic.,certs and resume. I have never been deployed, but have had construction experience, mobile home experience, and other stuff related. I am retired military. My email is > newt@webshoppe.net<. Gil Newton Phone(256)839-6861 0r (256)839-6033) 1778 Liberty Road Goodwater, Alabama 35072 |
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TedPasan
82 Posts |
Posted - 09/15/2003 : 10:25:24
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Let me just say to those who wonder why the negative responses from Sentry Claims, that I too am left wondering as well.
I initiated this thread with the first post in an innocent and honest attempt to hopefully help guide new and newer adjusters in understanding what they needed to know about ANY vendor before spending their money on an oral committment to travel what could be great distances for an assignment and promised claims.
I felt then as I do now, that these are the questions that most seasoned adjusters would ask or want to have answers to before deploying. Equally important as the questions themselves, are the REASONS behind each of these questions. As an example, I think an adjuster who does not have medical insurance might want to know if a vendor provides Worker's Compensation coverage. A new adjuster just starting out might not have the funds available to fund a storm for a period of several weeks and therefore how often a vendor pays their adjusters likely is important. Important as well is whether the adjuster has to wait for the vendor to be paid first before the adjuster gets paid.
Asking these or similar questions allows us to KNOW BEFORE WE GO as is said around here. Certainly seasoned adjusters generally know the reputations and work policies of many vendors, but no one ever learned without first asking a question and then having it honestly answered.
I think what caused the Sentry posts of name calling and negativity, was when these same questions were posted by this author on the Bulletin Board, and then Sentry responded that asking such questions was, as they called it, "B.S.". Sentry then went on over the course of several posts to label posters as "cowards" and suggest that anyone not agreeing with their position was not a "real adjuster."
My post to the CADO Bulletin Board and the initiation of this thread was not intended as an attack on ANY vendor or carrier. Rather as I have outlined, a systematic series of questions which I as a seasoned adjuster would insist on knowing before I agreed to deploy with a vendor, and I honestly believe that most of you would feel and act likewise in the same manner.
I will say that the whole tenor of the responses would have been changed and responses likely would have ceased, had this vendor merely said something to the effect that we will be happy to answer those questions for any interested adjuster whether publicly or by telephone.
Reluctantly, I would have to tell you, that as a result of this thread and the Bulletin Board posts, I have now received communications by Private Message from 3 different adjusters who have complained of problems in getting their pay from this vendor. A search of the CADO Archives will bring to your attention numerous other complaints from individual adjusters regarding problems with getting paid by this vendor.
Because I cling to the theory that where there is smoke, there must be fire, I would suggest extreme caution in considering this vendor. Ask around, listen, and heed the feedback.
We as adjusters are part and parcel of a larger family or community if you will of catastrophe adjusters. We help one another, we share friendships, we aid our fellow adjusters out on storm, we look after one another, and when unscrupulous parties seek to take advantage of one of our own, we spread the word and share that information as a way of policing our ranks and protecting our fellows.
I have and had no ax to grind with this or any other vendor and again, my earlier posts were not intended nor did I view them as a personal attack towards anyone. If we ask the right questions the honest reputable vendors will have no problem in answering them for us.
It is ONLY through the thorough process of asking and then insisting on answers that any of us can ever truly KNOW BEFORE WE GO.
And if this or any other vendor wants to label ASKING such questions and KNOWING before you go as "B.S." then we as adjusters need to know that and ask WHY anyone would have such attitude or fear in providing the answers?
Yet when adverse information comes to the attention of adjusters, I do feel a shared responsibility to see that others are warned so as not to suffer a similar fate. I would expect the same consideration from each of you and honor those who value honesty, integrity and decency in this profession we share. |
Edited by - TedPasan on 09/15/2003 10:57:37 |
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TedPasan
82 Posts |
Posted - 09/15/2003 : 10:45:06
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Let me just add, that I would welcome and appreciate the comments from other real and seasoned adjusters on this Forum who might be willing to comment on the necessity for asking such questions of a vendor as I posed. Your comments as to WHY we ask these questions would of course be equally welcome.
And I would appreciate the comments as well, from those same adjusters with regard to the comments made that asking of vendors such questions are frivilous (or "BS" as labelled by others).
Thanks. |
Edited by - TedPasan on 09/15/2003 10:46:47 |
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CCarr
Canada
1200 Posts |
Posted - 09/15/2003 : 11:28:03
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Yes Ted, it is imperative that adjusters ask whatever questions each adjuster specifically feels they need an answer for, prior to deployment.
Different adjusters - be it the difference is experience, age, family situation, geography, past vendor / carrier dealings, or their current financial well being - will have unique questions that are important to them.
I got burnt once, a couple of years ago. In hindsight, it was totally my fault for relying on vendor bravado and the generalities of the non-specific questions and answers I asked and received. After my "Boyle fiasco", others kindly said, "I wish you would have asked me". In that regard, our sharing of this type of factual information is paramount to helping each other.
With the proliferation of "new adjusters" to this world of "have computer will travel", we must support each other in our quest to make this a worthwhile living. A vendor that says our questions are frivilous or worse, either is exhibiting his limited patience for that adjuster seeking guidance or answers, or does not want to "show his cards" prior to the moment of truth some weeks after handing out new claims.
We have a wonderful communicative resource tool here with CADO, both to share information and opinions; be it a technical or personnel matter. The vendor portions of CADO should be reviewed carefully, as I'm sure the vendors utilize the CADO "adjuster locator", "CADO roster", and "resume" sections of CADO in some meaningful way to consider prior to their attempts to fill their stables.
In that regard Ted, having followed your posts since late August, I was surprised that I could not find any information on your background - to consider in conjunction with your posts - anywhere in the CADO adjuster areas - locator, roster or resume sections. It is always nice to know and relate the background of those we communicate with, on both sides of the fence rail. |
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ChuckDeaton
USA
373 Posts |
Posted - 09/15/2003 : 12:19:29
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Life is a contact sport, the reasons for "knowing before you go" should be obvious.
Lots of money is going to change hands and there are theives who will take what is yours if you blink. |
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guest_98
USA
17 Posts |
Posted - 09/15/2003 : 22:06:49
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Bump |
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stormguy
USA
1 Posts |
Posted - 09/16/2003 : 01:05:49
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Does anyone know what the day rate for USAA is and how are they to work for? Also would it be better to work for State Farm or USAA? |
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dano009
46 Posts |
Posted - 09/16/2003 : 12:03:00
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USAA pays based on a fee schedule. That being said, their fee schedule is good. Minimum charge is $300. The problem with USAA is that you need to have Xactimate, Skytel, and from what I understand, they will not be relaxing their reporting requirements and their reporting requirements are a pain in the ass if we're working through a hurricane. I really don't think that State Farm is going to be much better. The big insurers primary focus is paper work, paper work, and some more paper work. Been in their culture for 50 years. The lumbar industry would suffer greatly if the Big 5 insurers cut down on their paper work requirements. |
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dano009
46 Posts |
Posted - 09/16/2003 : 13:01:18
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Hey, I just want to know if Sentry provides work comp. and E & O insurance. Whatever happened to that initial question? Some vendors do, and some vendors don't. Which simple question that really got out of hand. |
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