One way property management companies have side-stepped this problem is by seeking out third-party companies that advocate for the claimant to make sure their property insurance claim is handled correctly and get the highest possible insurance settlement on behalf of the insured.
"If you have investments, you need people to look after them. When you have a problem where you need to make a claim, it is important to have someone in your corner," said Lawrence Cohen, Principal of the Cohen & Cohen Industries in Pennsylvania.
For that reason, Cohen and his partners hired the property loss consultants at Woodlyn Schwartz in case a crisis occurred that required a claim on their Apartment buildings.
Property Loss Consultants provide specialized expertise required by today’s organizations to effectively assist in pre-loss recovery planning, policy analysis, and claims evaluation. They are retained as a result of a Property & Casualty loss with the sole objective of assisting the policyholder with the claims process.
According to Artie Woodlyn III, President of Woodlyn Schwartz, our property loss consultants are retained by many prestigious property management companies, corporate entities, and more to work alongside their risk managers, public adjusters, and insurance brokers to determine which strategies are the best for the claims process. More and more, the capability to anticipate and prepare for the impact of catastrophic disasters is whether companies are willing to plan --- no matter the industry. Many of our property loss consultants have 25 or more years of experience dealing with these sorts of issues.
About a year ago, Cohen's property was damaged during a particularly heavy storm and part of the roof structure was ripped off the building. There was substantial damage due to the harsh elements. Some apartment structures were exposed and suffered heavy wind damage and water damage from the resultant hurricane.
"We don't have the time as owners to be involved in the claim on a daily basis.” Said Cohen, Principal of the Cohen & Cohen Industries .Woodlyn Schwartz takes the claim, evaluates your particular policy and sits down with you to figure things out. Basically, they take over the responsibility of dealing with repair people, repair estimates, and clean up. They totally take control of the claim and look out for your interest and follow through to completion,"
“During natural disasters like Hurricane Sandy, it is vital to provide whatever assistance we can to help property owners get the insurance claims recovery as quickly as possible. Woodlyn Schwartz has a long tradition of helping other during catastrophic events, and our team will work hard to make sure your claims are handled correctly damaged "said Woodlyn.
For more information please visit www.woodlynschwartz.com