What qualifies as catastrophic
- Total-loss fire
- Major hurricane with extensive structural damage
- Tornado direct-hit damage
- Large commercial or industrial losses
- Multi-unit condo-association catastrophic events
What makes these claims complex
- Multiple coverages engage. Dwelling, other structures, personal property, loss of use, code upgrades, matching, BI (if commercial), etc.
- Long restoration periods. Months to years. ALE and BI coverage over extended periods.
- Multiple contractors, subs, and consultants. Coordinating scope and billing.
- Carrier litigation risk. Large claims often involve litigation, not just adjustment.
- Engineer reports and expert testimony. Catastrophic claims frequently involve contested engineering.
How Ocean Point approaches catastrophic losses
- Immediate on-site inspection and documentation
- Coordinated scope development with contractors, engineers, and content specialists
- Full coverage analysis across every policy provision
- Staged submission: initial + supplemental as scope develops
- Coordination with counsel when litigation is indicated
- Appraisal and CRN escalation as tools
- ALE / BI period tracking for ongoing coverage
The Ocean Point Appraisal Protocol™ and Ocean Point Claim Protocol™ both apply
Our proprietary methodologies are designed for complex cases. Catastrophic losses are where the structure of the methodology matters most: consistent documentation, statute-grounded demands, and disciplined negotiation.