How To Handle A Storm Damage Insurance Claim?
Have you ever looked forward to storming damage insurance claims?
Do you know how to file storm damage insurance claims?
Unless you are a storm chaser, you are not looking forward to any kind of storm. Hurricanes, blizzards, tornadoes, hail, and even insect damage are menace.
It is incredibly destructive.
It shows up in your vicinity, without warning.
Like a mobster a storm plants a dreadful kiss on your property, and disappears, leaving bedlam and damage in its wake.
This natural ‘shake-up’ really spurs some uncomfortable realities on the part of the affected people. There is not a thing you can do about it, but the question after a storm is this…
How Do I File A Storm Damage Insurance Claim?
It all starts with the policy.
For example, Farmers Insurance may not cover water that entered the home due to a storm.
First, victims of storm damage must know the insurance policy implication of such a predicament even beforehand. If you have a roof schedule payment policy and your roof is more than 20 years old, you’ll get paid out $0.
Or really close to $0 after the deductible.
What does this mean? Here’s an example…
If your own suffers $10,000 in storm damage and the claim you filed pays out $10,000. This is great until the deductions start. For a 20-year-old roof, your insurance company is going to keep nearly 75%
After that, they will hold your deductible. Which means you’ll get even less money.
So let’s go back to the example above… b/c now you have about $7500 that they’ll keep leaving you with $2,500.
If you’re deductible is $2000 (I’ve seen them as high as $5000.00) then your check payment will be $500. That’s right…
… you’d get $500 for a $10,000 roof.
How do people end up with such awful policies…
There are two people at fault here the first person is the policyholder who chose the lowest possible premium and the other person at fault is … sorry, but there is no one else at fault. A policyholder can not blame the agent who sold the policy because they are not insurance advisors.
Here’s the secret those cute insurance commercials don’t tell you…
Agents who sell property insurance are simply a store or a place you buy insurance.
It is the responsibility of the policyholder to know…
HAVE YOU HEARD THE NEWS??
But the good news is that there state-licensed public adjusters who provide free policy reviews.
Plus, they usually provide a free consultation and will provide free storm damage inspections of your property before you file your insurance claim.
WHAT IS A PUBLIC ADJUSTER?
… public adjusters work for you… not the insurance company.
… public adjusters have proven results in getting 574% more for your storm damage insurance claim
… public adjusters are state-licensed, bonded, and use the same software your insurance company will use for your claim.
… a public adjuster will even help you prevent claim denials.
WHAT YOU MUST DO NOW
According to your policy, policyholders must take swift action. So let’s go through the vital points you must take to be successful in filing your claim.
- Contact a Public Adjuster (PA): You should immediately contact your public insurance adjuster to file your claim early. Did you know that most insurance companies have specified time for you to file your claim? And it’s often limited. So, you have to act fast. Let your PA tell you exactly what you need to do based on your damage.
- Prevent Additional Damage: Truth be told, storm claims may take a while to get resolved sometimes. Storm accessors are invited, investigations are run, and the like. More storms may be on the horizon. So, it is okay to prevent items from more damage. Patch up the roof, board up holes, clean up wet rooms, and other domestic palliative measures. It’s temporary emergency repairs.
- Take Record of Everything Possible: Yes, everything possible. It is brilliant to document stuff. Keep an inventory of the extent of the storm damage. That is your evidence. Snap a photo of items, and keep broken stuff. Don’t throw anything away.
The most important thing to keep in mind is that swift action determines a lot in insurance claims. Hence, a victim of storm damage should act fast and consult the appropriate persons. If you have suffered a loss due to water damage, please read this article.
QUESTIONS? Let’s Chat. Book a call here: to Schedule An Appointment