How do insurance adjusters come up with amount to write a check for?
You don’t have to always see the sub-floor to know it’s damaged. I don’t always go under the house to see it. The adjuster will write an estimate to repair the damage. The estimate will be broken down room by room. The prices are based on the going rate for materials and labor. Most companies use a computer program that is based on a database that is updated quarterly. Estimates are usually written using “unit cost estimating”. That means the square foot price includes labor and materials. You will see on the estimate what the adjuster is paying to have done. The insurance company owes to go back with what you had. So, if you had a particle board sub-floor with vinyl over it – they will pay to go back with particle board and vinyl. However, you may decide to replace with plywood and tile. In which case, you would pay the difference in price. Also if your policy has deprecation – that will be shown as well. Your deductible will be subtracted from the amount of the estimate and you pay t
