Restoration Contractors Need to Charge a Lot More Than 10 & 10 For Overhead and Profit If They Want to Stay in Business

Originally published by Chip Merlin.

Belfor Property Restoration did not grow into the world’s largest insurance restoration company charging only 10% and 10% for overhead and profit.1 I have discussed this Xactimate myth of 10% Overhead and 10% Profit with Belfor executives and in their depositions. It astounds me that property insurance estimating is based on a myth of 10… Continue Reading

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