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Building Systems Project Recaps: Church Musical Equipment Claim

ILC Assignment:
  • Site inspection of the insured’s damages to equipment and inventory of items involved in a fire.
  • Determine if the affected equipment appears to be restorable to pre-loss condition or if new replacements will be required.
  • If restorable, determine the scope of work to be completed, cost and timeframe.
  • Provide RCV and ACV valuation for the damaged equipment.
ILC Inspection Details:
  • ILC thoroughly inspected the various damaged equipment to determine if it was restorable to pre-loss condition.
  • ILC reviewed the new equipment and submitted claim of $170,179.43 provided by the public adjuster.
  • ILC acquired new replacement quotes for $88,748.93.
  • ILC’s thorough inspection of the insured’s loss revealed equipment damages that were previously missed.
Summary:
  • ILC determined that most of the items were destroyed and provided a price for a replacement.
  • ILC provided an ACV valuation of the equipment.
  • ILC saved the client a total of 81K by validating the LKQ of items destroyed.