Sounds a lot like the BS in health insurance these days. Well, we negotiated a rate with your insurance company for services, and you can only use us, but we don’t make enough on the contract we negotiated so we are going to balance bill you for our profit that we didn’t make while locking you into using us.
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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