Case Reviews

Case Review #13- Water loss at Townhouse Unit Owner in Diamond Bar, CA

Type of policy | Condo Unit Owner policy (Townhouse)
City | Diamond Bar, CA
Description of loss | Description of loss: Two story townhouse sustained water loss result of sudden discharge of water from adjacent unit owner’s plumbing system.
Insurance Adjustment Summary |
- Initial insurance company’s structural settlement amount at $6,427.30.
- Additional settlement after Jae Park & Associates, Inc., involvement of adjustment of claim $23,894.54(Before deductible, settlement including personal properties).

2014 SafeCo CUO Water Loss Diamond Bar After EMS & Repair

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Case Review #12- Fire loss at Apartment Complex at Los Angeles, CA

Type of policy | Apartment policy
City | Los Angeles, CA (nearby Santa Monica & West Los Angeles)
Description of loss | Description of loss: Two story apartment complex sustained fire loss.
Insurance Adjustment Summary |
- Total insurance settlement after Jae Park & Associates, Inc., involvement of adjustment of claim $129,079.87 (After deductible & depreciation, this amount consist of structural repair and five months of fair rental value. Pending held back depreciation and unpaid additional loss of rental income).

2014 LIG APT After Fire

2014 LIG APT Repair in progress

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Case Review #11- Fire loss at rental property at Barstow, California

Type of policy | Rental Dwelling policy
City | Barstow, CA
Description of loss | Description of loss: Single story rental house sustained fire loss.
Insurance Adjustment Summary |
- Total insurance settlement after Jae Park & Associates, Inc., involvement of adjustment of claim $79,153.69 (After deductible & depreciation, this amount consist of structural repair and five months of fair rental value).

Posted by Jae Park  |  0 Comment  |  in Case Reviews
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