07/26/2020
Why do I need supplement my insurance claim after receiving first payment??? Why not just get bids?
Sometimes clients just can't grasp the concept of depreciation, or they still somehow believe they can make money on their insurance claim. Either way, the key to overcoming their desire to gather low bids is by using a great analogy. I have several that I like to use, but here is one you can use:
"Mr. Jones, if, God forbid, you had to get brain surgery, would you shop around for the cheapest possible surgeon? Probably not, because the fact of the matter is you get what you pay for, right? And your brain is a pretty important part of your body – you'd want to get the best thing you could afford. Your roof is the most important element of your house, because it protects everything underneath. You want to ensure that you get the best quality job possible for the amount the insurance company allows.
If you could get a brand new car and all you had to pay out of your pocket was $1,000 no matter what car you chose, would you pick a Kia Sorento or an M series BMW? Obviously the BMW, right? Because you get more quality for the exact same amount of money.
Insurance claims are the same way. No matter what the cost of the total job is, the deductible doesn't change, so if your out of pocket remains the same no matter what the total price comes to, it only makes sense to get the most bang for your buck by getting the best quality job that you can for the amount allowed.”
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