Xacticon LLC

09/29/2025

Contractors and property owners often work with insurance carriers through claims when repairing and replacing damaged property. An insured’s policy has many intricate details and one of the key details contractors look at is whether an insured has a Replacement Cost Value (RCV) policy or an Actual Cash Value (ACV) policy.

The preferred method to know which type of policy the insured has is to ask the insured or assigned claim handler. Often the insured doesn’t know so it’s best to ask the claim handler/adjuster prior to doing the work.

You can also tell which type of policy the insured has when looking at the insurance estimate. An ACV policy often has Non-Recoverable depreciation whereas an RCV policy will have a Recoverable Depreciation.

Depreciation is the loss in an item's value over time due to age, wear and tear, or obsolescence, which an insurer deducts from the payout for damaged or lost property. Non-Recoverable Depreciation means the insurance company will NOT pay this money out and the insured/home owner is responsible for these costs in addition to their deductible. Recoverable Depreciation means the insurance company WILL pay out these funds once the work is completed and completion documents have been submitted.

This information is important to understand so you can have transparent communication with your clients regarding the costs the insurance company will pay for vs. the client’s out of pocket costs before you start the work.

06/26/2025

Regardless of the work being completed, it’s important for contractors and homeowners to know which code requirements the local municipality follows. There are International Residential Codes (IRC) and International Building Codes (IBC).

International Residential Codes (IRC) focus on one-two family dwellings, townhouses, and accessory structures. International Building Codes (IBC) focus on commercial buildings, industrial buildings, high-rise buildings, and specialized structures.

It’s important to note that municipalities have different versions of the IRC and IBC they can follow such as: 2015, 2018, 2021, etc. So it’s important to know which version the local municipality follows to ensure you are following the correct code requirements and provide the correct codes to the claim handlers for proper documentation.

If you are getting code information for insurance purposes, it’s best to get the information in writing such as directly from their website or via email. This can be used as documentation to get ordinance or law (code) coverage approved and paid for by insurance carriers when negotiating with claim handlers if the insured has ordinance or law (code) coverage on their policy.

05/27/2025

When a contractor is completing insurance work, it’s important to know if the insured/property owner has Ordinance or Law Coverage, often referred to as Code Coverage, under their policy. This coverage allows contractors to not only fix what is currently damaged, but to also add materials or work to bring the property and work being completed up to code for safety and quality reasons.

If you're wondering whether or not your client has code coverage, it would be listed on their policy documents typically under "Ordinance or Law". If the client doesn't have their policy documents you will need to reach out to the assigned claim handler to ask them whether or not the insured has the Ordinance or Law coverage on their policy.

**If you have to reach out to the claim handler to confirm code coverage, it's best to get it in writing from the claim handler via email for your records, CYA!**

It’s important to note even if the insured has code coverage, if the municipality the property falls under does NOT enforce code, then the insurance company will not pay for code items to bring the property up to code.

When it comes to municipalities, properties can fall under the City or County jurisdiction. As contractors it’s important to know which jurisdiction the property falls under so you can conduct proper research regarding permitting and which International Residential Codes (IRC) or International Building Codes (IBC) the jurisdiction follows. This is important to provide proper documentation to insurance carriers to get code items approved which means more $$$.

04/24/2025

$2,772.72, that’s additional money we were able to negotiate for our client the contractor! We believe actions speak louder than words, so we want to share a recent claim we negotiated $2,772.72 with Farmers in approved supplements on behalf of our client, the contractor. See photos of the updated insurance estimate reflecting approved supplements, the Xactimate estimate we wrote and submitted to Farmers, and the original insurance estimate. Note-we removed personal/sensitive information from the documents for security reasons.

We’re here to help you do the tedious work of writing Xactimate estimates and negotiating supplements with insurance carriers. Check out our website for additional examples of supplements we’ve recently negotiated for our clients as well as pricing and contact information.

We look forward to hearing from you!

04/22/2025

We are Xacticon LLC, Supplement Specialists in disguise. We work with residential and commercial contractors to write Xactimate estimates and negotiate supplements with insurance carriers on insurance claims. We understand insurance carriers can be tedious to work with, especially when negotiating supplements. We’ve got the experience, knowledge, tools, and dedication to assist with your supplement negotiations.

You want to handle negotiating supplements with insurance carriers but need someone to write your Xactimate estimates? We got you covered. We write residential and commercial Xactimate estimates for roofs, exterior, interior, and mitigations and restorations.

Check out our website xacticonllc.com to see our portfolio which shows approved supplements we’ve negotiated with insurance carriers, our pricing, and contact information.

We look forward to hearing from you!

https://xacticonllc.com/

Xacticon LLC Supplement Specialists Xacticon LLC has the experience and skills to provide you with high quality Xactimate estimates! From the average residential roof replacement estimate to emergency commercial interior mitigation and restoration estimate, Xacticon LLC has you covered. Get In Touch...