What is Xactimate?
Definition. Estimating software widely used by insurers, adjusters and restoration contractors to price property damage using regional price lists that are updated over time. Each repair appears as a coded line item with a quantity and unit price. See how to read an Xactimate roof estimate.
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More claim terms
Appraisal · Overhead and profit (O&P) · Roof payment schedule · Assignment of benefits (AOB) · Named storm · Proof of loss · Functional damage · Deductible