CPR Insurance Estimating & Xactimate 3

Question 1

A supplemental estimate is submitted after an initial estimate is approved. What is the PRIMARY reason supplements are necessary in restoration?

Accepted Answer

To account for hidden damage discovered during work

Answer

Supplements address concealed or latent damage that could not be identified during the initial inspection and scope development.

Question 2

In insurance restoration estimating, 'O&P' refers to overhead and profit. What percentage does Xactimate typically default to for general contractors?

Accepted Answer

10% overhead / 10% profit

Answer

Xactimate's standard default for general contractor overhead and profit is 10% overhead and 10% profit, totaling 20% combined.

Question 3

Which document does a carrier typically use to formally communicate disagreement with line items in a restorer's Xactimate estimate?

Accepted Answer

Desk Review or Field Adjuster's Report

Answer

A desk review or field adjuster's report outlines the carrier's position on disputed or removed line items line by line.

Question 4

When estimating contents pack-out and storage for a residential water loss, which Xactimate category is used?

Accepted Answer

CNT — Contents

Answer

Contents-related line items including pack-out, inventory, and storage fall under the CNT division in Xactimate.

Question 5

A restorer estimates 500 SF of Category 3 water-damaged subfloor removal. The correct Xactimate line item should reflect:

Accepted Answer

Hazardous material removal with additional protective measures

Answer

Category 3 water (grossly contaminated) requires hazardous-level PPE and disposal protocols, which must be reflected in the line items selected.

(CPR) Certified Professional Restorer Practice Test

(CPR) Certified Professional Restorer Practice Test

CPR Insurance Estimating & Xactimate 3