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800-497-4030
Industrial Loss Consultants
  • About Us
    • About Us
    • Events
    • Commitment to Diversity
  • Our Services
    • Services Provided
    • Our Process
    • Area of Expertise
    • Types of Losses
    • Who We Serve
    • Cause and Origin
    • Project Recaps
  • Submit An Assignment
  • About Us
    • About Us
    • Events
    • Commitment to Diversity
  • Our Services
    • Services Provided
    • Our Process
    • Area of Expertise
    • Types of Losses
    • Who We Serve
    • Cause and Origin
    • Project Recaps
  • Submit An Assignment

Project Recaps

Church Musical Equipment Claim

12/17/2018

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​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.

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​ILC Analysis:
  • ILC thoroughly inspected the various damaged equipment to determine if it was restorable to pre-loss condition.
  • ILC reviewed the total new equipment submitted a 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 LKQ of items destroyed.
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Industrial Loss Consultants Inc

1699 Wall Street, Suite 218 
Mount Prospect, IL 60056
Phone: (800) 497-4030

About Us

Events

​Services Provided

Our Process

Area Of Expertise

Types Of Losses

Who We Serve

Contact Us
Submit an Assignment
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