The Hidden Risks: How Bids Can Work Against Your Insurance Claim

The Truth About Bids in Homeowner Insurance Claims

Many homeowners think getting multiple bids helps, but undercut bids can actually reduce your insurance payout. Insurance claims are paid in phases: Replacement Cost Value (RCV) = Actual Cash Value (ACV) + Depreciation + Deductible. If a contractor underbids, the insurance company reduces the total disbursement. Low bids often result in corner-cutting, lower-quality work, and no financial benefit to you.

Bronco Catastrophe Services eliminates this risk by using Xactimate, the standard estimating software used by 80% of the risk industry. Our team ensures proper pricing, sets the correct scope of damage during adjuster meetings, and captures any missed items, removing the uncertainty of bidding.

Maximizing Your Insurance Claim Value

Most homeowners file storm damage claims only once. Many do not know that additional funding can be negotiated for code upgrades, permit fees, and extra overhead. Without an experienced contractor, claims are often underpaid.

Bronco Catastrophe Services specializes in insurance restoration and knows how to secure maximum disbursement. Our expertise and historic data allow us to identify damages and negotiate effectively, relieving you of the stress of claim management.

Industry Expertise and Certification

Our Project Managers are HAAG Certified Inspectors for Residential Roofs, trained through HAAG Engineering to identify and document storm damage accurately. Xactimate ensures proper pricing for full restoration, while our team secures additional funding when eligible. We maintain professional relationships with adjusters, ensuring respectful negotiation and maximizing client benefit.

Protecting Your Home’s Investment

Storm damage is stressful, but your home is also your largest investment. Choosing a contractor who undercuts or lacks insurance claim expertise reduces your home’s restoration value. By maximizing your claim, you enhance both your property and long-term investment returns.

Bronco Catastrophe Services Is the Right Choice

We identify, document, and negotiate all necessary funding to fully restore your home, ensuring nothing is missed. Avoid undercut bids, secure full insurance benefits, and protect your property value.

Contact Us to Ensure You Get the Most from Your Claim

Schedule a complimentary inspection of your property and let Bronco Catastrophe Services guide you through maximizing your insurance claim. Call (303) 219-9089 or email info@broncocat.com to speak with a certified Project Manager and safeguard your home’s restoration.