On-line, Real-time, Property and Casualty Loss Estimation System and Method

Abstract

An interactive, real-time, property and casualty loss estimation system and method includes a web portal comprising a computer configured to allow a qualified user to sign in over the internet and create an estimate reflective of the true cost to renew a property from a casualty loss. The user enters data from an insurance company loss estimate which in many instances is devoid of consideration of issues such as matching finishes, bringing a property up to standard for changes in building and municipal code, and ancillary costs such as permitting fees. In operation, a final affidavit with a supporting loss estimate is made available for printing by the user to submit to an insurance company to negotiate an increased settlement more fully covering the costs needed to property to a pre-loss condition.

Dependencies are inferred from the claim text.