Concrete Batch Plant Fire Damage Loss

​ILC Assignment: 

• Inspect insureds damaged equipment that was involved in a fire. 
• Determine if the equipment is restorable to pre-loss condition or if replacement with new will be required.
• Determine scope of work to be completed, cost and time frame for restoration.
• Provide RCV and ACV valuation for the damaged equipment.

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ILC Inspection Details:

• ILC thoroughly inspected the concrete batch plant and its support equipment.
• The 5 yard portable Ross Batch plant suffered heavy thermal damage to its structure, electric, and weighing system.

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Summary:

• ILC is able to verify a replacement value at $274,407 by the insured.
• ILC determined it was not feasible to restore certain components of the concrete batch plant to pre loss condition.
• ILC further determined that the conveyor system could be restored to pre loss condition.
• ILC provided an ACV and RCV valuation of the equipment.
• ILC obtained a LKQ replacement quote that was $51,754 less than the insured supplied quote.
• ILC determined that the insured supplied quote was not LKQ included an item that was not inspected or shown as damaged, and did not include wall mounts and mounting kits. 

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