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- On July 10, 2016
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Claim Solutions settles a large property damage dispute for a Broadmoor townhome association
Claim Solutions, LLC, a Colorado based public adjusting firm, today announced the settlement of a large, highly contested property damage claim for a townhome association in Colorado Springs near The Broadmoor.
The Broadmoor HOA filed a large property damage claim from damages based on hailstorms that hit Colorado Springs in the summer of 2014. Approximately a year after the storm, and after their insurance company completely denied their claim, the Broadmoor HOA engaged Claim Solutions to help the association with their claim.
On June 20, 2016, Claim Solutions and our team of appraisers and attorneys negotiated a full settlement offer with the HOA’s insurance company for $1.6 mm, which included new Elabana Spanish tile roofing on the 10 buildings, exterior repairs including stucco, windows and screens. The significance of this settlement cannot be overstated as it represents a ZERO to
$1.6M settlement and the invaluable benefit of our unique and exclusive property assessment program.
HOA Assessment Program
In the spring of 2014, Claim Solutions, LLC began implementing a full “HOA Assessment Program” for HOA’s in Colorado that would evaluate and document the current condition of the associations. Fortunately for this HOA, they were one of the first to have an assessment completed.
The assessment of this HOA gave Claim Solutions empirical data which showed the condition of the property before the hailstorms. Even though the HOA’s insurance carrier engaged a professional engineer to evaluate and eventually deny the claim, the assessment identified new damages and gave Claim Solutions the information needed to settle the claim. Scott Benglen, president and managing partner of Claim Solutions, LLC stated, “As advocates for the insured, we need all the tools we can get to help our clients. We implemented the assessment program in 2014 and as of today we have our first property damage claim resolution based on that program. To successfully go against a large property damage insurance carrier and their engineer and achieve this outcome is the ultimate verification that we are positioning the HOA’s and property managers we work with for claim success.” Benglen continued saying, “what’s even more satisfying is that this claim settled without litigation or appraisal which can drag out for years.”
About Claim Solutions, LLC
Claim Solutions, LLC is the leading Colorado based DORA licensed public adjusting firm that represents policyholders who have property damage claim disputes with their property insurance companies. Claim Solutions is a proud member of CAI Southern Colorado Chapter, CAI Rocky Mountain Chapter, The Apartment Association of Metro Denver and Colorado and numerous additional state and national organizations representing community and property management companies. Claim Solutions implemented the Assessment Program in the spring of 2014 and currently has over 60 HOA’s enrolled and assessed. Claim Solutions currently has over $50 mm in property damage claims under management.
Questions about a Claim You May Have? If you sustained property damage from storms, fire, floods, etc. and are unsure if your claim was handled correctly, call the professional adjusters at Claim Solutions for a full property damage claim assessment free of charge. If you think you may have a property damage claim, contact Claim Solutions first for a full assessment of your damages and potential claim.
Scott Benglen is Founder, President and Managing Partner at Denver based Claim Solutions, LLC. Claim Solutions is currently managing over $50 million in property damage claims for Colorado HOA’s.
Scott can be reached at (303) 596-6043 or firstname.lastname@example.org.