Up front payment for insurance jobs..

Discussion in 'General Flooring Chat' started by g4l, Aug 3, 2012.

  1. g4l

    g4l Well-Known Member

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    Most of my jobs I request payment for materials prior to the job starting. I've got fairly big insurance job coming up, is there anyway you can get any payment up front??

    Thanks.
     
  2. oddbod_jnr

    oddbod_jnr Well-Known Member

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    you can ask but gen insurance jobs pay upon recieving final invoice unless they have paid out to customer first. you could ask if they are paying you direct then ask ins co or ask customer and refund back to them when payout.
     
  3. merit

    merit Well-Known Member

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    You can get the payment upfront mate, they just don't like giving it out. Just like they tell every customer they can only use their approved installers/retailers even tho it's up to the customer who they have working in their house.
     
  4. swerve

    swerve Well-Known Member

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    A few months ago our car got scratched to hell by kids along with another 12 motors in our ave.
    Our excess was £200 and told insurance we wanted to go to who we preffered, they told us our excess would be £400 if we did.
    Actually worked out better as the car was scratched down 1 side and the bonnet but the insurance companys preffered garge pushed for a full re spary and we got it.
     
  5. advanedflooringuk

    advanedflooringuk Well-Known Member

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    why not recieve payment on completion?? ive never had a problem with insurance companies paying up!
     
  6. merit

    merit Well-Known Member

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    I won't do any work without a deposit, sooner or later you will get knocked.
     
  7. advanedflooringuk

    advanedflooringuk Well-Known Member

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    of course i will i have a few times already through companies gone bump etc just one of them but then again i work mainly for builders and architects the same people over and over so i know they will pay at the end new customers i would be weary but hopefully i can stick with who i know i would just be a bit courtious as that may determin if i get the job or not
     
  8. merit

    merit Well-Known Member

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    Yeah I never ask for the deposit until I get the nod on the job. I ask for 30% - 50% depending on size of the job and customer. The way I look at it is if they won't pay that deposit why won't they? Only customer I wouldnt mind working for without deposit is council. Most of my work is domestic so I can't afford to take a risk on tens of thousands worth of materials like most contractors do.
     
  9. advanedflooringuk

    advanedflooringuk Well-Known Member

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    yeah i know what your saying mate it is a good idea i think the contract side is a bit **** it is like a gamble really!
     
  10. BLINCO94

    BLINCO94 Well-Known Member

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    I always get 50% upfront and then that usually covers materials, then the rest to collect is profit or fitting money.
     
  11. tarkett85

    tarkett85 Well-Known Member

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    Full payment upfront with a 10% retention fee, yet to find a insurance company who won't pay.
     

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