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Ocean Point Claims Company

Insurance Settlement Gap Calculator

See the dollar and percentage difference between your insurer's offer and an independent documented estimate. An illustration to help you decide whether a second look is worth it.
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Short answer: The settlement gap is the difference between your insurer’s offer and an independent documented estimate of the same loss. This tool shows that difference in dollars and as a percentage. It is an illustration, not a prediction or a promise of recovery: what a claim pays depends on your policy, the covered cause, and the documented scope.

Documented gap
$0
Enter both numbers to see the difference

This is an illustration, not a prediction. It only subtracts the two numbers you entered. It is not an appraisal, not a promise of recovery, and not a statement of what your claim is worth. What a claim actually pays turns on your policy, the covered cause of loss, the documented scope, and applicable deductibles. A licensed public adjuster can prepare the independent estimate and pursue the documented value; fees are capped by Fla. Stat. 626.854.

How to read the gap

A carrier’s first estimate and an independent one often differ because they scope the loss differently: drying and tear-out omitted, matching ignored, code upgrades left out, contents undercounted. The gap this tool shows is just arithmetic; whether it reflects a genuine underpayment depends on the policy language and the documented facts. A large gap is a reason to get an independent estimate, not proof of a number you are owed.

If a second look is warranted, a licensed public adjuster prepares the independent estimate and pursues the documented value. Florida caps public adjuster fees by Fla. Stat. 626.854, and Ocean Point works on a no recovery, no fee basis. See what to do about an underpaid claim.

Frequently asked questions

What does the settlement gap calculator show?
It subtracts your insurer's offer from an independent documented estimate and shows the difference in dollars and as a percentage. It is an illustration of a scope-and-value gap, not an appraisal, a prediction, or a promise of what your claim will pay.
Does a gap mean my claim is underpaid?
Not by itself. A gap only means two numbers differ. Whether an offer is actually too low depends on your policy, the covered cause of loss, the documented scope, matching, code upgrades, and your deductible. A licensed public adjuster prepares the independent estimate and determines whether the carrier's number holds up.
How do public adjuster fees work if I pursue the gap?
A Florida public adjuster works on contingency, and fees are capped by Fla. Stat. 626.854, up to 20% of the claim payment, or 10% for declared-emergency claims in the first year. You pay nothing up front, and the fee is a percentage of what you actually recover.

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License
FL DFS #W829547
Experience
21 years · 500+ mediations
Rating
4.9★ (86 Google reviews)
Fee
No recovery, no fee
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