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Contractor Quotes Versus Software Estimates
Two documents can describe the same repair and arrive at very different numbers without either one being wrong, which is a common source of confusion for a homeowner comparing a contractor’s quote to a claims estimate generated in software like Xactimate....Browse the full Resources Index
Retail Pricing and Insurance Estimating: Two Different Worlds
Homeowners occasionally price a repair themselves by calling a big box home improvement store or getting an online retail quote, then comparing that number against a claims estimate, only to find the two figures do not line up at all. The mismatch usually reflects a...Browse the full Resources Index
Overhead and Profit: When It Applies and Why
Few line items on a repair estimate draw more questions than overhead and profit, commonly abbreviated O and P, and the confusion is understandable since it is a percentage added to the estimate total rather than a physical item anyone can point to on a damaged roof...Browse the full Resources Index
Sales Tax Handling in Repair Estimates
Sales tax rarely gets much attention in discussions about repair estimates, yet it is calculated using rules specific enough that getting it wrong can throw off an otherwise accurate estimate by a meaningful amount, particularly on larger jobs involving substantial...Browse the full Resources Index