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OUTSOURCE YOUR INSURANCE BILLING
Everyday, restoration companies are forced to suffer the hassles of trying to get their invoices paid by insurance companies. This can be a long and frustrating process. Most contractors don't have the time or inclination to be on the phone all day with adjusters, justifying their invoices. (They're usually out on a job helping their customers with an emergency!)
Restoration Insurance Billing can take this on for you in a heartbeat.
RiB handles the entire insurance billing process in a rapid, professional way. With a team of trained claim advocates, RiB has an industry-leading success rate in getting insurance companies to pay invoices. RiB works on behalf of restoration companies as a billing agent and stays on top of the process until the contractor gets paid. Using RiB can bring peace of mind, increase payments and reduce the time it takes to get paid.
RiB becomes another productive arm of your company. Our team is your team. Nothing is more important to us than your company's success.
Take care of your customers and we'll take care of your insurance billing.
RiB provides detailed reporting on the progress of each claim
so you're always in the loop.
RiB can take your work logs, write up an invoice, submit it to the insurance company, justify your bill, inform your customers and make sure payment gets sent to you - all while you're out on a new job doing what you do - the best-job-ever.
Whether you use Xactimate, Quickbooks, Excel or the back of a napkin,
WE CAN GET YOU PAID. (Kidding about the napkin.)
There are a lot of options out there to help manage your business.
You don't have to be in league with Xactware in order to get paid
by the insurance companies.
Another fun factoid, WE CAN PREPARE INVOICES FOR YOU.
How much time & money could that save you? That's worth a call right there!
RiB is not a collection agency. If you've got a stack of old unpaid invoices you'd like help getting paid, we'll take a look at them, maybe sick our attorney on them, but our core strength is in properly preparing your invoices and getting them paid by insurance companies from the get-go.
We actually have a great working relationship with insurance adjusters. They know they can expect professional, knowledgeable and timely assistance from us to get your invoices paid. They also know we expect to be PAID IN FULL.
They're invoices after all - Not estimates!
99% of the claims we process for our clients never need the time or expense of hiring an attorney. For that 1% where it's a necessary evil, we do have an attorney on staff.
We rarely let him out of his cage, but when we do - he's hungry! (grrrrrr)
IT'S FREE!!! (Not really, but it feels like it!)
We charge a percentage of the total payment. Which means, we don't get paid until you get paid. The percentage differs on the type of invoice we're handling but normally you're looking at between 3% to 10%. It can go as high as 20% if we have to let the attorney out of his cage. (He eats a lot)
Whatever the cost, you'll hardly feel the pinch because we're usually able to cover our fee with billing improvements and the increase in payment we're able to get from the insurance companies. All of our clients see at least a 5% increase to their bottom line - even after paying our fee. It's a win-win.
Your customers also win because they rarely have to come out-of-pocket to cover the difference.
"I've been in this business for nearly 20 years and I was about ready to close my doors because of the constant battles with adjusters. Now I enjoy going to work everyday again. Thanks RiB!"
"Just as advertised. I've gotten my invoices paid faster and received more money to boot! I'm thoroughly impressed."
"We've been fortunate to have a lot of business this year. It's been great to count on RiB to handle the extra work and get us paid quicker."
"I always thought there should be someone on our side to deal with insurance adjusters. I'm so happy to be able to focus on growing my business and letting RiB haggle with adjuster so I don't have to."
A Few of the Benefits of RiB
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