What? Youre not usinggeospatialgeneratedestimates? Then you better read this article to find out why you need to start.
Exterior estimating softwarehas come a long way in the lastdecade, and both contractors and insurance adjustersare reapingthe benefits.The technologyhas become so reliable, thatscamperingabouton a steeproof andslogging around in the rain with a tape measureand soggy notepad arebecoming a thing of the past.We sat down with a long-time insurance adjuster andalsospoke with the folks at EagleView, one of theprincipalplayers in theestimating softwareindustry. If exteriors are your thing, read on and find outmore and how you can take advantage of thishigh-tech tool.
What isgeospatial technology?
Geospatial technologyis a fancy way of saying mapping.The companies thathave createdgeospatialestimatingsoftware can achieve are achieving anincredible level of accuracyby usingimagescaptured by satellite, airplanes, and drones.
How doesgeospatial estimating softwarework?
First, you let the estimating company know which house you wantan estimatereporton, usually by placing a marker on an aerial view map.Next, you tell them whattype of report you want:roofing, siding, windows, etc, You also supply whattype of details you need: size, size and material list, size material list and images, etc.And thats it.The folks at the estimating companydothe rest.EagleViewguaranteesthat you willreceivethe report within48 hours. But theadjuster we spoke with said thathe received90% of the reports the next day, some the same day.EagleView and one or two othersalsowork directly withXactimate,theindustry-standard estimating softwarethatcalculates material and labor costs. In some cases a full estimate can take as little as 10or 15 minutes.
What are the advantages of using estimating software?
The advantages are pretty obvious:
- Takes less time(a few clicks on a keyboard)
- No scheduled meetings with homeowners
- Dont have to get up on asteep, dangerousroof
- No angry pets
- No wet weather
- Results in accurate bids
- Buildscustomer confidence
- Can be used to dispute insurance claims (both ways)
Where does estimating software work?
Homes built beneath heavy tree coverage can present a challenge for estimating softwares.ButEagleView claims they have over500 million images, capturing around 98% ofthe homes in the United States.
How accurateisgeospatialestimating software?
Theadjusterwe spoke to said thatone of the large insurance companies he worked forordered an EagleView report on every storm damage claim.But they still required the adjusters todouble check by measuringthe longest section ofroof ridge and one of the longer eaves.He said that in the hundreds of reports hes ordered, none of them were off by more than a few inches.Thats amazing!
Who is using geospatial estimating software?
- Siding,gutter,window, androofingcontractors
- Commercial real estate agents
Who are the players?
Our adjuster friendsaid thatGeomni, Hover,andEagleViewwere the three he used most.
How much doesageospatial estimatecost?
The more details a plan contains the more money it costs, but an average reportcostabout $60-$80. You dont need to be a construction conglomerate to afford that price.Some estimating software companies offer monthly plans for those who generatea whole bunch ofreports.
Check out this story on howoffering awarrantycould win you that next job.