Restoration Contractors want to focus on doing what’s most important: completing repairs and getting paid for their work. Most Contractors spend weeks or sometimes months navigating an inefficient process that involves Insurance Carriers, Mortgage Lenders and Property Owners in order to receive insurance claims proceeds for their completed work. This creates an unnecessary and costly administrative burden on the Contractor to track down payment.
sureti is a third-party fund control service that establishes payment rails between Insurance Carriers and Restoration Contractors – eliminating Mortgage Lenders from claims process altogether. Through partnerships with Insurance Carriers, sureti enables Contractors (like yourself) to continue working on restoration instead of chasing money.
As a result, as of September 15, 2023, we will longer be processing claim checks that include a Lien Holder (AKA Mortgage Lender) as payee.
You focus on the restoration, and we’ll focus on getting you paid!
sureti helps you and your clients quickly turn Insurance Claim Payments into actual funds to pay you for the work you performed. sureti alleviates much of the administrative burden for both your team and your clients by interacting directly with the Carriers, removing the Mortgage Lender from the process entirely, to accelerate the flow of claims proceeds. sureti also stores 3D geospatial scans of the restoration of the property, protecting you from future litigation.
sureti charges $90 a month to maintain a Branch (or Office) on the sureti Network, ensuring that clients and potential customers will be able to find your company in their local area.
For Standard Fund Control, sureti charges a percentage for each check processed, between 2.5% to 6%, depending on several different factors addressed below in “How does sureti calculate the sureti Expediting Fee?” Schedule a Demo with us to learn more.
A Restoration Contractor will only be visible to current and future clients on the sureti platform when they are sureti Certified. This ensures that any Restoration Contractors on our network have been fully vetted by the sureti team and are current on all regulatory requirements.
To become a sureti Certified Contractor, your Branch Owner/Administrator will need to fill out the Branch Profile page and Apply to Activate. Once an Agreement is signed, the onboarding process requires a copy of your Current Contractor’s License, a Form W-9, and a copy of your surety bond, if required. The suretiCLAIMS team will review the generated application and approve your Branch or inform your Branch Owner of the changes that need to be made.
Contact the suretiCLAIMS Team who will waive the surety bond requirement.
At this time, sureti is only able to work with vetted Restoration Contractors. If you would like to become part of the sureti network and start leveraging our tools, please contact us.
Accelerate the flow of claims proceeds. Conveniently on your smartphone.