NJ Real Estate LLC filed a claim with its insurer, The Philadelphia Contributionship, for significant water damage to their property; they expected an appropriate level of support.
But the first payment by the insurer $90,326.02 was inadequate to accomplish what was actually needed to completely and safely restore the building.
That’s when NJ Real Estate LLC turned to SPJ Adjusting for assistance and fair settlement.
Our Strategy
Our appraisal team stepped in to make sure that every part of the water loss was valued correctly:
- Reviewed original scope to identify undervalued areas of damage.
- Conducted a targeted re-inspection to capture the full extent of water intrusion.
- Prepared a thorough and well-substantiated appraisal package with supporting documentation.
- Represented the insured throughout the appraisal process to enforce fairness.
We made sure nothing was overlooked especially the usually hidden moisture damage.
The Result
After presenting clear evidence and standing firm, we secured a final appraisal award of $109,062.43.
That’s $18,736.41 more than the original offer money that made correct and complete repairs possible.
Why It Matters
Structural defects, mold issues, and major long-term costs arise from unregulated water damage.
This settlement meant that the insured could:
- Restore the property without compromise
- Protect tenant safety and building integrity
- No out-of-pocket expenses for covered damage
For us at SPJ Adjusting, it’s another success proving that policyholders deserve to be made whole, not shortchanged.
