Glossary · estimating
Xactimate Update
Quarterly pricing update in Xactimate.
Xactimate prices update quarterly. Claims using outdated price lists undercount repair costs. Request updated pricing in negotiations.
In practice
Where you encounter "Xactimate Update"
Policyholders encounter "Xactimate Update" in policy language and claim correspondence. Knowing the precise definition keeps you from accepting carrier framing.
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Related
Related terms
Replacement Cost Estimator
Tool estimating rebuild cost.
Labor Burden
Overhead added to labor costs in estimates.
Materials Tax
Sales tax on materials component of estimate.
Know the law
Related statutes
FS 626.854
Public adjuster.
FS 627.70131
Carrier duties.
FS 627.70132
Notice deadlines.
FS 627.7142
Bill of Rights.
FS 626.9744
Matching.
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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 later.
Go deeper
Related resources
First 48 Hours
Emergency playbooks.
Claim Process
FNOL to settlement.
Florida Law
Statutes.
Denied Claims
Denial reasons.
Carriers
Carrier profiles.
Locations
All 67 counties.
Glossary
Claim terms.
Claim Types
Damage categories.
Storms
Storm profiles.
Calculators
Decision tools.
Case Studies
Real recoveries.
Help Center
Common problems.
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Glossary
Related insurance terms
First Notice of Loss (FNOL)
Related glossary entry: First Notice of Loss (FNOL).
Homeowner Claim Bill of Rights
Related glossary entry: Homeowner Claim Bill of Rights.
Content Cleaning
Related glossary entry: Content Cleaning.
Extended Replacement Cost
Related glossary entry: Extended Replacement Cost.
Proximate Cause Chain
Related glossary entry: Proximate Cause Chain.
Bad Faith
Related glossary entry: Bad Faith.
Free claim review
Your policy says more than you think. Find out what you are actually owed.
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 later.
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