BELFOR Property Restoration
BELFOR Is #1
#1 Remodeling Contractor Among Nation's Largest Firms
BELFOR is proud to be ranked #1 for the 23rd consecutive year in QUALIFIED REMODELER Magazine's Top 500 list and the leading remodeling contractor for insurance restoration.
As a group, remodelers who focus on insurance restoration fared very well last year. Those on the TOP 500 list generated $2.64 billion in repair and remodeling revenue, up from $2.38 billion a year prior. The group is forecasting more than $3 billion in 2023.
What sets insurance restoration firms apart from most remodelers is their ability to work within the tight cost constraints imposed on them by insurance adjusters.
"Insurance restoration specialists must also be set up to offer emergency services or at least be ready to go at all hours. Big firms like BELFOR, No. 1 on the 2023 TOP 500, have the ability to mobilize and pre-position SWAT-like ‘go teams’ who have truckloads of equipment and people ready for when disaster strikes. Their clients know their properties will automatically receive blue tarps on damaged roof tops, or in the case of fire or flood, they’ve got the equipment to quickly dry a premise before mold begins to form in the structure. Insurance specialists also take discretionary remodeling work to boost revenue and profit to smooth out the peaks and valleys inherent in property-loss situations. But if high property-loss levels continue, there will be plenty of work."
Established in 1978, the Top 500 is the longest ongoing recognition program in the remodeling industry. Each year, the Top 500 recognizes remodelers for significant and sustained success in the following areas: installed remodeling dollar volume; industry association membership; industry awards; total years in business; certifications and accreditations; and, community service.