I guess it depends on who is paying the contractor. If the money is yours to allocate I think I would go shopping. If the contract is between the insurance company and the contractor I would ask the insurance company to enforce their own contract or find a different contractor.
Mark > On Mar 5, 2019, at 9:29 AM, Sterling Jacobson <[email protected]> wrote: > > I have an insurance claim for a home project that pays out about $15k. > > The insurance itemization shows a 10 and 10 overhead and profit for each > item, so 20 percent of that $15k goes to the restoration company for > management or whatever. > > When I was given a budget for materials to pick on restoration it seemed > rather low so I challenged them on their itemization. > > They flat out told me 20 percent isn’t enough, so they take out 45 percent, > or roughly half of that $15k goes to the management/restoration company > instead of 20 percent. > > The rest is used for the actual labor and materials to get the job done. > > Is that normal? > > Should I just let them eat all that money, or should I be shopping around for > another restoration company that thinks 10 and 10 is enough for them? > -- > AF mailing list > [email protected] <mailto:[email protected]> > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > <http://af.afmug.com/mailman/listinfo/af_af.afmug.com>
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