We represent restoration companies.
Restoration companies can be true heroes after a home has been damaged. By taking swift action to protect properties following a natural disaster or accident, restoration companies save both homeowners and insurance companies thousands or even millions of dollars in additional repairs.
Restoration companies are typically hired by policyholders, but collect their fees directly from insurance companies after receiving an assignment of benefits agreement from a property owner. While restoration companies typically act quickly in order to perform their job as effectively as possible, insurance companies do not always share that same philosophy in paying assignment of benefit claims. In addition to lacking responsiveness, insurance companies often undervalue, delay, or outright refuse to cover these claims. This can cause serious disruptions to restoration companies, and interrupt their ability to operate effectively as a business.
At Feldman & Lopez, we help restoration companies collect on unpaid invoices from the insurance company.
Important note for homeowners: If you have sustained property damage and are planning to hire a restoration company, make sure to contact us as soon as possible in order to ensure your insurance company is prepared to handle your claim ethically and responsively.