If you have insured your property against natural calamities or any other disasters, it’s your right to be compensated for any damages incurred. If the losses are covered in your insurance contract, logically, you have nothing to worry about. After all, that’s the whole point of paying premiums on your insurance policy! Unfortunately, the compensation
Insurance policies provide coverage against losses and damages according to the terms and conditions of the contract. Homeowners’ insurance policies, for instance, cover losses arising from storms, tornadoes, hurricanes, and other natural disasters. If your policy has clauses covering fire, theft, and other losses, you would be entitled to receive compensation for damages arising from
Losing your house because of a natural disaster is bad enough, but being hit with the double whammy of having your insurance claim denied can make a bad situation much worse. Why Are Insurance Claims Denied? Insurance claims are denied more often than people think, and some of the common reasons include the following. Claims
If your insured home or any other property has suffered a catastrophic loss, you will want to begin rebuilding as soon as possible. However, this process might be delayed as you file the paperwork for your claim—and wait for its approval. In case of a major disaster such as a hurricane or earthquake, overworked insurance
Taking care of your family would be your top priority if your home is damaged or lost in a fire. The last thing you need is the added stress of navigating the murky world of the insurance claims process. Here, your public adjusters would be willing to shoulder this burden on your behalf. In fact,
As a property owner, you can file an insurance claim for natural disasters and other unforeseen events such as water or fire damage. In fact, you can claim damages for any eventuality as long as it’s covered in your insurance policy. If you have suffered the destruction of your rental property, the subsequent loss of
There are few events in life as upsetting as losing your property after a devastating loss to your home or commercial property. Apart from coping with the loss, you’ll have to contend with an inexperienced company adjuster or most likely a 3rd party adjusting company that your carrier has hired to handle your claim for them.
If you have suffered a grievous property loss covered by your insurance contract, you might think that you won’t have to worry, and your insurance company will handle everything. They will send their inspectors to assess the damage, and the company will disburse the funds accordingly. That’s how it works—in theory. The actual practice might
If your property is insured against natural calamities, you are automatically entitled to compensation according to the terms and conditions of your insurance contract. However, the process is not as smooth as the insurance sales agent makes it out to be when drafting your contract. In the case of large-scale disasters such as hurricanes and
Let’s suppose your home or any other insured property has been damaged, and you want to file an insurance claim. You might have learned that public adjusters can help but are not quite sure how they would make a difference. There are many myths regarding public adjusters. Here, we will debunk a few of the