RTF Consulting-Tool/Equipment Replacement & Evaluation

Property Loss Consultants

As a consulting firm serving the insurance industry since 1993, we recognized the need for specialization and deal exclusively with property claims involving professional-grade tools and equipment; ranging from automotive service & repair application to construction, contractor and trades. We helped establish and now coordinate this insurance industry buying coalition which offers aggressive discounted pricing terms based upon the collective purchase volume of all carriers. As a result, carriers no longer simply ‘improve accuracy’ or work with a vendor quoting product hoping for a sale; they obtain the following:

Unmatched Settlement Expense Reduction
Value-Added Service to Policyholders
Increased Claim Staff Efficiency
Unbiased Tool & Equipment Expertise

Determine Settlement with Confidence

What started as a small idea in 1993 involving a few insurance carriers and three manufacturers, evolved into a nation-wide program including 50+ carriers and over 1100 brands of professional-grade tools & equipment . Regardless if tools are replaced or a cash settlement issued, carriers rely on this resource to determine their ‘true’ replacement cost; while promptly and fairly putting policyholders back to whole. This manufacturer arrangement and price structure exclusive to licensed insurance carriers has proven to be the most cost-effective and time efficient solution on these types of claims.

Proven Outstanding Service

While buying arrangements to reduce expense are certainly important, this program wouldn’t be successful without prompt settlement and service provided to policyholders. Streamlined procedures combined with custom designed software allow our customer service staff to efficiently log contacts, provide ongoing up-to-date status and remain on top of every facet of replacement while new tools ship factory direct. In fact, over 97% of policyholder survey responses rate this settlement option as a value-added service provided to them!