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Manufacturing Industry Project Recaps: Fire Damaged Generator

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ILC Assignment:
  • Desk review of a loss event in which a CAT 3516 generator set reportedly caught fire.
  • Inspect equipment and review the costs submitted by the insured to determine if they are in line with the claimed damage.
  • Determine if the generator required any additional work to return the equipment to pre-loss condition.
  • If additional work is required, determine the scope of work to be completed and the timeframe.
ILC Inspection Details:
  • ILC thoroughly inspected the damaged equipment to determine if it was restorable to pre-loss condition.
  • ILC acquired documentation and reviewed the repair services and costs that were completed.
  • ILC verified the vendor’s additional recommended costs of repairs and labor of $5,900 as reasonable in returning the equipment to pre-loss condition.
Summary:
  • ILC’s thorough inspection of the insureds’ loss revealed that the vendors used LKQ parts to accomplish the repairs.
  • ILC recommended the inclusion of the additional $5,900 to achieve pre-loss condition.