This hotel was almost totally destroyed after an electrical fire from a lamp spread and consumed the building. After the fire investigation proved the fire accidental, the insurance company only offered half of what it would cost to repair the damages. Noble came in after several months of unsuccessful negotiating on the policyholder’s behalf. After Noble scoped the property and wrote an estimate of damages, the Insurance Company made a much higher offer.
Even though there was much more negotiating to be done, the policyholder was satisfied with the new settlement offer and accepted it. A difference of over a quarter of a million dollars was recouped for the insured’s indemnification and restoration of this property, even though Noble had just begun the negotiation process when the insured settled.
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