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TCRestore
USA
12 Posts |
 Posted - 10/26/2003 : 13:09:21
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| Over 100 houses have burned in California (San Bernandino area) and the fires are still going strong. More mandatory evacuations were issued in Rancho Cucamonga. Is anybody coming out to work here? |
Avery Morar, Marketing Director
WWW.TodaysConstruction.com
Avery@TodaysConstruction.com
24/7 (714)936-3716
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TCRestore
USA
12 Posts |
Posted - 10/26/2003 : 14:35:04
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| 300+ homes burned or damaged as of latest count |
Avery Morar, Marketing Director
WWW.TodaysConstruction.com
Avery@TodaysConstruction.com
24/7 (714)936-3716
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yumadj
USA
17 Posts |
Posted - 10/26/2003 : 17:29:04
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| There is possiblity of large number of smoke claims throughout southern california. Also heavy ash is falling everywhere. Large new fires in San Diego County. I am in Long Beach, on vacation from Arizona. |
Jeff Finley |
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KileAnderson
USA
875 Posts |
Posted - 10/26/2003 : 17:36:54
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| The Drudge report is saying over 500 houses destroyed. |
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TCRestore
USA
12 Posts |
Posted - 10/26/2003 : 22:43:58
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| As of tonight 650+ houses. |
Avery Morar, Marketing Director
WWW.TodaysConstruction.com
Avery@TodaysConstruction.com
24/7 (714)936-3716
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yumadj
USA
17 Posts |
Posted - 10/27/2003 : 03:41:17
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| I am available for work. My home base is 150 miles from fire areas. |
Jeff Finley |
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TCRestore
USA
12 Posts |
Posted - 10/27/2003 : 07:58:11
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| With over 850 houses damaged or destroyed this is pretty much a catastrophe. I am very surprised that the insurance companies are not sending more of you guys, or at least some of you guys, out here. Are your professional services generally used only in storm situations? |
Avery Morar, Marketing Director
WWW.TodaysConstruction.com
Avery@TodaysConstruction.com
24/7 (714)936-3716
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TedPasan
82 Posts |
Posted - 10/27/2003 : 08:52:31
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| TC, if the carriers sent in 50 adjusters to handle 850 lost or damaged homes, that would be 17 claims per adjuster. The problem with sending in cat adjusters for wildfires is simply "the numbers". 17 claims generally doesn't make a 'cat' worthwhile except perhaps for those close by. But the fires are still out of control so things could change for some of us before it's all over. (And don't forget the smoke damage claims either as well as ALE for forced evacuations). |
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KileAnderson
USA
875 Posts |
Posted - 10/27/2003 : 08:57:17
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Ted, 17 total loss claims would take quite a while to settle and would probably also bill out pretty good. These are pretty nice homes and they are to be rebuilt at CA labor and material rates so each file could bill out between $8000 and $15000 bucks. It wouldn't take many of those to make a good storm for a lone adjuster.
I seriously doubt that the carriers will send anyon in until the situation is under control. The fires are still burning and my friend tried to call someone in San Diego last night and couldn't get through at all. This thing is far from over. |
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TedPasan
82 Posts |
Posted - 10/27/2003 : 10:42:24
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| Kile, you assume each adjuster would get 17 claims. Based on recent trends in the industry, it more likely would be that the vendors and carriers will call in 850 adjusters and/or warm bodies in a rush to close the files as quickly as possible, and each adjuster will get one and perhaps 2 or 3 of these claims. It happened in Isabel. |
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CatDaddy
USA
310 Posts |
Posted - 10/27/2003 : 11:02:37
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Maybe 2 or 3 was all you could handle Teddy?
No responsible carrier is going to bring in an IA and only give him 3 claims and send him home. They know IAs have to earn a living. If you or anyone is experiencing these types of assignments, your vendor is to blame. You work 3 or 300 claims, they still get their cut.
CD |
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TedPasan
82 Posts |
Posted - 10/27/2003 : 11:17:12
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I'm at 155 losses and counting in 5 weeks CD. Is that good enough?
There are a whole lot of adjusters who traveled to the Norfolk area only to get 10, 15, 25 or 35 claims and not a small number who got not one single claim file.
The times they are a'changing and not necessarily for the best. Otherwise I agree with you. |
Edited by - TedPasan on 10/27/2003 11:21:51 |
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Wes
USA
62 Posts |
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Debby
USA
10 Posts |
Posted - 10/27/2003 : 18:20:22
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Kile, you must be thinking these are all mansions burning down there. While San Diego and San Bernadino has its share the majority are regular tract homes. Calif rebuild costs will of course be higher then anywhere else, however the 8k to 15k per job just wont be there.
I am more concerned that we may see another Oakland issue with underinsured's all over the place.
Will see where the I/A's come from, maybe just local folk handling local stuff. Its been pretty barren out here for several years. Similar to your experiences on the east coast.. |
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Kelley
USA
26 Posts |
Posted - 10/27/2003 : 18:49:03
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TedP,
Flood claims or roof claims?
How widespread of an area did you work?
What was the average steep of the roof?
What was the ave. square footage of the home?
Did you have to measure & diagram the roof if you got on it?
There are numbers and then there are "numbers"
Just wondering
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One persons dream is another persons nightmare. |
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KileAnderson
USA
875 Posts |
Posted - 10/27/2003 : 19:55:10
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| Debby, a friend of a friend lives in San Diego and he told me that the average house there is about $300,000. That is for the house and the land, but it doesn't include the personal property or the ALE. |
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Update on Fires in California
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