MATERIAL LOCATION SERVICES
BuildPay’s Advantage team uses industry expertise and the power of its XChange technology to source both new and discontinued building materials as an innovative insurance loss mitigation service for insurers.
Exposure increases when the loss includes materials, like roof tiles, that have been discontinued or are otherwise unobtainable.
BuildPay’s network of material providers provides constantly changing data that allows BuildPay to source hard-to-find materials.
Rebuilding with elite sourced materials significantly reduces build time and total exposure, especially in large event scenarios.
REAL SOURCING STORIES
Three discontinued tiles used for repair on a project near Miami saved $191K in replacement cost
100 discontinued tiles were located to avoid replacing a 185,000 sf roof and saved $4.2m on the full replacement estimate
228 discontinued tiles were located in South America and saved $1.6m in replacement cost
On a site near Naples, 150 discontinued tiles were located for repair that saved $2.4 million in replacement cost
“During Hurricane Irma, insurers paid 2-4 times more than normal for full tile roof replacements that otherwise would have been simple repairs after roof tiles required were deemed unavailable or discontinued”
All construction has one thing in common: it’s all supposed to get paid for. BuildPay is the only company that’s connected at every stage of the project lifecycle and is leveraging advantages from the promises that we make sure are kept.
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Troy, NY 12180
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