Insurers pay businesses up to $10 billion/year for commercial contents / business personal property (BPP) losses in the USA. Contents claims can easily overwhelm adjusters, leading to leakage (20%-30% of payments are overpayments), settlement delays, and customer dissatisfaction. This is especially true for BPP losses, as many adjusters lack the time or expertise to identify and value specialized commercial equipment.
EquiXs software and services help adjusters settle commercial contents losses quickly and accurately by collecting detailed inventories, sourcing pricing experts, and generating clear customer reporting. A fully-outsourced field service to manage commercial contents losses is also available!
The EquiX mobile app works in concert with the EquiX dashboard. The mobile app enables adjusters (or the EquiX partner field team) to quickly and easily collect a detailed item inventory on-site with their mobile phone. Items can then be sent to valuation experts and reports generated with minimal adjuster involvement.