With millions of people filing for home insurance claims every year, you would think that getting reimbursed is a simple process; however, that isn’t always the case. While you may think that you’ll never need to apply for a claim, it never hurts to be prepared.
Start by keeping an itemized list of your personal belongings that includes every item you would want or need to replace after a covered incident to include the price paid, the purchase date, and receipts if available. Having this list will have a myriad of benefits because it will allow you to quickly determine how much you’d want to replace if you had to make a claim, provide evidence to the insurance company of what you paid for the item and when, and ensure that you have enough coverage to pay for the cost of all your replacement items.
Once a claim is initiated, you’ll be assigned an insurance adjuster that is responsible for evaluating the damage to your home or property and determining how much money you’ll receive as reimbursement. Keep in mind that the adjuster works for the insurance company and is professionally motivated to lower the potential monetary payout. As a result, be careful what you say to the adjuster and never make an admission of guilt.
When communicating with the insurance adjuster, documentation is critically important. Each time that you speak with the adjuster or a person from the insurance company, write the date and time of the conversation plus an explanation of what was said.
At the Select Insurance Agency in Coppell, TX helping our customers is our top priority. Whether you have questions about filing a claim or want to find a new home insurance policy, the team at Select Insurance Agency in Coppell, TX is ready to help.