The faster your supplements are processed, the more consistent your cash flow. We handle all administration aspects of insurance claims — preparing and submitting claims for contracting work and following up with insurance companies to ensure the timely processing of claims. We maximize your profits and minimize the stress associated with claims management.
Comprehensive Claims Administration
Handling insurance claims can be stressful and time-consuming. If your revenue depends solely on payouts from insurance carriers, you need to implement a streamlined claims administration process to ensure consistent cash flow. We handle every aspect of your supplementing administration, including adding the required code items, pre-existing items, unforeseen items from the build, and any other reasonable work necessary to complete the restoration project.
When writing estimates, we include all legitimate and reasonable line items within the policy limits to ensure maximum profitability. After preparing and submitting a comprehensive claims document for contracting work, we follow up with insurance companies to ensure the timely release of supplemental payments and depreciation payments. We also hold the insurance company accountable to meet expectations and timelines, ensuring the entire process is smooth and seamless.
Benefits of Supplementing Administration:
- Ensuring the estimate includes all legitimate and reasonable line items within the policy limits.
- Holding the insurance company accountable to meet expectations and timelines.
- Following up with the insurance company to ensure the timely release of payments.
- Ensuring the payments are directly released to your accounts.
- Ensuring you have a consistent cash flow without unexpected delays.
- Ensuring compliant claims based on your state or region.
- Automating your supplementing administration workflow.
- Allowing you and your team to focus on essential business processes.
Preparing & Submitting Claims
As a part of our full-service supplementing administration services, we prepare and submit claims to your insurance companies. During the claims preparation process, we work with experts to bill for overhead and profits and include all possible line items within the policy limits to ensure your job has maximum profits. We help you get the maximum possible payouts for your work.
Following-Up with Insurance Companies
Following up with insurance companies can be stressful and time-consuming. But we handle the follow-up process on your behalf and hold insurance carriers accountable to meet expectations and timelines. We ensure your supplemental payments and depreciation payments are released directly into your accounts, so you have the consistent cash flow you need to grow and scale up your business operations.
Schedule a Consultation
Owen P Building Consultants is a full-service claims and supplementing administration company that handles every aspect of your claims administration, from preparing and submitting claims to ensuring the timely release of payments. Dealing with insurance companies to receive your payments can be stressful, but we streamline the process to ensure you have the time to focus on what matters — growing your business. To learn more about supplementing administration, please schedule a consultation.
