Insurance Claim Accounting
Individuals, corporations, and contractors may require reimbursement from insurance companies related to insured business losses. Such situations occur after hurricanes and other natural disasters. Our team has experience and involvement in collecting over $110 million in insurance reimbursements from Hurricane Sandy.
The most important aspects of such work are organization, meeting deadlines, and a penchant for precision. Each insurance contract must be parsed and the terms met with accuracy, or else the claim may be rejected or delayed.
Examples of such requirements are certified payroll showing a living wage (notarized), certified materials logs, and certified expense reports. These items are commonly requested from contractors performing restoration services for government entities, such as municipal hospital systems, etc.
Our years of experience with restoration billing, disaster accounting, and FEMA reimbursement provides our clients unparalleled support for creating the accounting backup for their insurance claim.