E2E Water Loss Automation
Fast track one of the most common and high-volume property loss types to expedite the claims process, improve claim lifecycle, and reduce loss adjustment expenses.
Water losses are one of the most common property claim types which, in turn, takes up a significant amount of time to verify coverage, coordinate mitigation, obtain a contents list of damaged property from the insured, price out each item, write a damage estimate and process the claim. The lag time alone in just the first few days of the date of loss can have a heavy impact on the dollar value of the claim if mitigation is not done promptly to reduce loss expenses.
STREAMLINE has built-in capability to automate these losses by identifying specific covered loss types, making automatic assignments to mitigation companies, communicating directly with insureds through REPORT to send and obtain a full contents list of damaged property and photos, can assign this list to an internal group or external vendor for price processing and ultimately issue payment once completed. STREAMLINE can also coordinate the assignment, management and payment of the damage estimate, whether done internally or externally.
More About Metromile’s Digital-First Touchless Claims Platform
Property Damage from Vehicle(s)
Offer a full end to end claims experience, including subrogation and reimbursement of deductible, for property loss types that have a high predictability of recovery.View
Scheduled and Valuable Personal Property Claims
Allow customers to be empowered in their claims process to choose the settlement option that’s right for them and expedite claims where coverage is predefined in an endorsement.View
Experience the Power of Claims Automation
The time is now. See how our top-rated automation platform transforms the claims experience for your customers, staff, and business. Request a demo today.