Running a restoration business can be demanding. From managing project timelines to working with insurance companies, there’s a lot to handle. A professional restoration billing strategy can make a significant difference, ensuring accurate invoices and smooth cash flow to cover your company costs!
Ethan, an independent restoration contractor said,
"Recognize the value of your own personal time; billing & collections is more than a full-time job AND has nothing to do with landing projects and servicing clients requiring our emergency services.”
Rather than getting bogged down in billing complexities, partnering with a professional service like Restoration Insurance Billing (RiB) can be a successful claims department strategy. This partnership can improve your cash flow, expedite collection times, and maximize billed amounts. Leverage their nationwide claims management experience for long-term billing success!
RiB will enhance your claim results and reduce your stress by:
- Preparing Mitigation/Remediation Estimates
- Submitting claim packets to carriers
- Negotiating line items with adjusters
- Resolving disputes or delays
- Updating your claim status
- Communicating with property owners
- Providing Performance & Profitability feedback reports
- And more…until your invoice payment is received
Our communication practices provide adjusters with the best chance to review your bill and documentation, leading to a satisfactory settlement for everyone involved. Our expert claim advocates are ready to take calls and explain your charges, allowing you to focus on what matters to you and your business’s success.
The Challenges of Restoration Billing
Complex Insurance Claims: Restoration projects often involve detailed insurance claims that need proper documentation and expert negotiations. Time-Consuming Paperwork: Manual billing can be time-consuming, taking you away from your core business activities. Delayed Payments: Late payments can hurt your cash flow and project progress.
Restoration contractors seek accurate compensation for their emergency services, and property owners want their lives back to normal quickly. However, insurance companies often try to pay less than what the policy may cover. RiB bridges the gap between contractor and adjuster, helping you receive payment for your bills. Managing this process demands full-time attention, and that’s why RiBilling.com exists. With a decade of experience and advocacy, our expert claim advocates take calls and justify your charges, helping you get paid better, without the hassle.
How Pro-Billers Help
By outsourcing this task, you can cut your overhead costs, improve communication with adjusters, and get your claim payments faster. Billing specialists have access to supporting documents, industry guidelines, and legal requirements that back up your charges, ready for the adjuster’s call or email.
Expert Billing and Annotations: Our team consists of experienced professionals who are knowledgeable in IICRC industry standards and claim adjuster negotiations. They ensure that notes and billing conditions are accurate to maximize your reimbursement. By submitting claims promptly, they expedite the claims payment process, reducing the time you spend waiting for your money.
Efficient Claims Management: We manage the status of your claims and follow up with insurance companies to keep the process moving smoothly. Our proactive communication keeps you updated on the payment status. We promptly answer property owners’ billing questions and address their needs. Additionally, we maintain relevant documentation and record-keeping in our customized system, ensuring that we account for the details and keep them easily accessible.
Streamlined Payment Processing: Our claims payment processing helps you receive your funds quickly and accurately. We handle claims in detail and transparency, providing weekly financial reports to keep you informed. Best of all, payments go directly to you, bypassing any escrow accounts, so you have immediate access to your funds.
The Benefits of Partnering with (RiB)
Improved Cash Flow: Faster payments and reduced administrative costs. Increased Revenue: Maximized reimbursements and minimized write-offs. Reduced Stress: Spend less time on billing and more time on your business. Customer Satisfaction: Timely communication and efficient service for everyone involved. Nationwide Billing Service: With over a decade of pioneering experience, RiB is a leader in claims handling services for restoration contractors across more than 35 states. Transform your claim department for long-term billing success.
"Partnering with Restoration Insurance Billing has been a game-changer for our business. Their team streamlined our billing process, reduced administrative burdens, and sped up our cash flow. Their attention to detail and great communication ensured we received maximum payment for our services. We recommend RiB to managers looking to improve their claims department." - Georgia Restorer
At RiB, our estimators bring decades of experience as project managers who have hands-on field experience, unlike other companies that hire people without any industry background. We understand what it takes to complete the job, including negotiating with insurance adjusters and refining estimates to ensure they are comprehensive for the work performed.
RiB supports your project from start to finish, acting as an extension of your company rather than just another contracted estimator. We have a working relationship with major insurance companies and adjusters. They know to expect professional, knowledgeable claims submissions and better outcomes.
Emergencies like plumbing leaks, flooding, fire, and storm damage can strike at any time, and your customers expect immediate responses. You can trust RiB to be ready and waiting to write your Xactimate Estimate/Invoice and get it paid. Whether it’s water removal, fire & smoke damage cleanup, contents, bio, or reconstruction, RiB is here to be your Billing Partner from day one.
Conclusion:
A Better, No Hassle Claims Department for Restoration Contractors!
By outsourcing your billing to a reputable service like Restoration Insurance Billing, LLC – (RiB), you can streamline your operations, improve your bottom line, and focus on delivering exceptional restoration services to your clients.
For better, faster, no hassle claims processing experience, visit us online at RiBilling.com. You can also learn more about our professional restoration billing services, and Complete Satisfaction Guarantee by calling (888) 426-3421 today.
By Jason D. Myers, Co-Owner, Restoration Insurance Billing, LLC (RiB), IICRC Certified WRT, TCST
Jason understands the life of a contractor because he lived it firsthand. Growing up, he helped his father with remodeling projects, from floors to kitchens and bathrooms. His father, now 70, still works, which instilled a strong work ethic in Jason. Jason is dedicated to ensuring restoration contractors get paid fairly and have more time for their families. He worked a combined eleven years of door-to-door alarm/pest control sales, and earned a business degree from Northern Iowa University. Raised in Oregon, Jason enjoyed sports, played NCAA college soccer, and coaching recreational teams. He now lives in Arizona with his wife, three children, and their golden retriever, Mikey.
