Glossary · estimating
Estimate
Projected cost of repair.
Carrier adjusters produce estimates using Xactimate or similar. Contractors produce estimates based on their cost of work. Public adjusters produce estimates aligned with policy and market rates.
In practice
Where you encounter "Estimate" in Florida claims
Policyholders see "Estimate" referenced in policy language, claim correspondence, and carrier scope of loss documents. Knowing the precise definition under Florida practice keeps you from accepting carrier framing. See also FS 626.854 and FS 627.70131.
Free claim review
We review your policy and estimate at no cost. If we take your case, our fee only comes from the increased recovery.
- ✓Licensed Florida public adjusters
- ✓We work for policyholders, not insurance companies
- ✓No fee unless we recover more than you were offered
What kind of damage?
Pick the closest match. We will ask for details next.
Know these too
Related terms
Industry-standard insurance estimating software.
A single entry in a scope of loss, with quantity and price.
Regional labor and material cost reference used in estimates.
Contractor overhead and profit, typically 20% added to estimates.
Tax on material costs, added to estimates.
The formula used to calculate depreciation on contents and materials.
Know the law
Related statutes
Your right to professional representation.
What carriers must do and when.
When you must file.
What the carrier owes you.
Reasonable matching requirement.
Free claim review
A licensed Florida public adjuster will review your policy and loss documentation for free.
- ✓Licensed Florida public adjusters
- ✓We work for policyholders, not insurance companies
- ✓No fee unless we recover more than you were offered
What kind of damage?
Pick the closest match. We will ask for details next.
Go deeper
Where else this term matters
Emergency playbooks for every property damage type.
Every stage from first notice to settlement.
Statutes that protect policyholders.
Every common denial reason explained.
Every Florida insurance carrier profiled.
All 67 Florida counties.
Every claim term defined.
Hurricane, water, fire, roof, more.
Every major Florida storm profiled.
Decision and settlement tools.
Real Florida recoveries.
Common problems answered.
No obligation. No fee unless recovery.
Free review. No fee unless we recover more.
Glossary
Related insurance terms
Related glossary entry: Total Loss.
Related glossary entry: Aftermarket Parts.
Related glossary entry: Loss Settlement.
Related glossary entry: Inspection.
Related glossary entry: Adjuster's Field Note.
Related glossary entry: Florida Statute 627.7152.
Free claim review
Licensed Florida public adjusters. Free claim review. No recovery, no fee.
- ✓Licensed Florida public adjusters
- ✓We work for policyholders, not insurance companies
- ✓No fee unless we recover more than you were offered
What kind of damage?
Pick the closest match. We will ask for details next.
Browse more