Home-ownership can be very stressful at times, dealing with all the problems and obstacles that stand in your way. Filing claims can be a lengthy and tiring process which leaves you wanting to just be done with it and not have to worry about it again. Call our public adjuster to help you figure out what you need to submit, and the process will become a breeze.
Filing Residential Claims
If you are unaware of how to file a claim properly here are some tips to help get you started:
- Look over the contents of your policy’s coverage and exclusions
- If vandalism and theft occurred, immediately contact authorities for your safety
- Take care of your property and protect it
- Take photographs, videos, and document all the damages
- Take note of what you want to replace or repaired
- Report it to your insurance agent if anyone got injured
- Call your agent and tell them everything from the above steps.
What’s covered under standard insurance policy
As always, standard residential insurance coverage varies from home to home. Some people may be paying more because they added more coverage than you. Aside from exclusions, standard insurance policies cover:
- Additional living expenses: This is for if you must relocate temporarily especially if your home is uninhabitable. Be sure to keep all your receipts because you will get reimbursed for them
- Valuable property: This entails personal belongs that were damaged such as appliances, clothing, or anything valuable and useful to you.
- Water damage: if flooding occurs especially since West Palm gets a lot of thunderstorms, it can be covered again, depending on the severity and what your coverage entails.
When will my claim be settled?
In a typical case, it will take 18-24 months due to repairs only if you’re facing a large damage to your property. If the damage is less, then you will expect no longer than a year for your compensation and repairs.
What is a deductible?
A deductible is essentially what you must pay towards your insurance company before your plan begins to pay for any coverage. The deductible is different for every insurance company.
Would it be considered a fraud if I cash out the money my insurance gave me and use it for something else other than repairs?
Technically, no. The insurance company have done their part in issuing you your compensation and from there on you can do whatever you want with it. It would only be considered a fraud if you filed the same claim years from now for the exact same damage.
What are some insurance issues after a property has been damaged?
One of the most common issues post-disaster with insurance companies is that you find out you’re not covered for the claim you’re filing. That is why it’s important for you to understand what’s covered and not covered under your insurance policy. You may also face being underpaid for your claim. The insurance company public adjuster isn’t very nice to work with and you’re having a hard time dealing with insurance companies who are giving you less than the amount of your valuables.
I don’t want to go through this alone and I’m confused on what the filing process should be. Is it worth it to hire a professional?
It is normal to feel overwhelmed after your property has just been damaged but have no fear! Hiring a professional such as a public adjuster can help you in your claims process. Hire one of Churchill’s experience public adjusters to help you ease the stress and assist you in every step! We will get you the maximum amount of compensation you need so that you can restore your home the way it should be restored! Call now for a free consultation!