Skyrocketed Settlement by $1.65M

Background

A multimillion-dollar home in an upper-scale neighbourhood in Toronto experienced a significant fire in early 2022. The insurance company offered a settlement after 6 months for $950,000.

How We Helped

We took on the case on and worked with structural and environmental engineers and contractors to build the settlement. The insurance company missed many key elements that we were able to increase the scope, which greatly increased the settlement value. We also helped negotiate living expenses and other expenses that were incurred due to this loss.

Outcome

The final scope of the settlement for the building is $2.6M, an increase of $1.65M over the initial offer from the insurance company.