What are the basic steps involved with handling a home claim?
After you’ve made the insurance company aware that you’ve had a claim at your home, the insurance company will begin an investigation. You as the policy-holder must cooperate with the insurance company during that investigation. That may require you to provide documents or allow them the opportunity to inspect the damage you are claiming…. Read More »
What if I can’t get a receipt for an item that was stolen. Will the insurance company pay me back for it?
The insurance company should be obligated to pay you back for a stolen item, generally, depending on the terms of your policy. If you don’t have a receipt, the first thing you should do is go research the cost of the item and present whatever evidence you have, through pictures or otherwise, to the… Read More »
What is an insurance policy?
An insurance policy is a contract. Regarding businesses and homes and properties that are owned by people or businesses, it’s a contract between the business owner or the homeowner and an insurance contract that, in exchange for the payment of a premium, the insurance company will indemnify the business owner or the homeowner for… Read More »
What should I do after my home is damaged from a fire?
The first thing you should do is make sure your family’s safe. The second thing; make sure you contact the authorities. And finally, once the authorities have been called and the fire has been put out, file a claim with your insurance company.
Will my policy be cancelled if I file a claim?
Generally in Florida, if you a file a claim, your policy of insurance will not be cancelled simply as a result of filing the claim. The insurance company may choose not to renew your policy after the policy period has ended, but they would have to give you proper notice for that under Florida… Read More »
What are the best types of coverages that I should have?
While a policy holder should try to get the broadest coverage available to protect and guard against the risk of loss, they should contact their insurance agent and see what’s available to them.
What if I do not know how the fire started?
More than anything, don’t make anything up and do not speculate. Only present to the insurance company that information which you know for certain, things that are within your personal knowledge. These are things you saw, you smelled, you observed.
What is appraisal? Who pays for what?
Appraisal is an alternative dispute resolution that allows you and your insurance company to both retain experts to present your side as to the scope and the amount of damage sustained to your home. If those 2 parties aren’t able to agree, a neutral umpire is appointed to assess the damages and reach a… Read More »
What should I do after my home is damaged from water?
After your home has already been damaged by water, you have an obligation to mitigate your damages. That will involve trying to clean up the water yourself or contacting a water mitigation company. Then as soon as reasonably possible, contact your insurance company and file a claim.
Will the insurance company make me more than one offer?
In many instances, yes. If the insurance company hasn’t paid you adequately pursuant to your claim, you should go back to the insurance company and ask for what you’re entitled to. If the insurance company at that point doesn’t pay you what you’re entitled to, you should seek out the assistance of the public… Read More »