How to prevent your insurance carrier from underpaying you

by | Feb 21, 2020 | Reconstruction, Water Damage

A home insurance policy can turn out to be crucial especially when you reside in an area prone to natural disasters. If the unexpected or the worst happens, it is time for you to evaluate the damage and plan and start an insurance claim process.

There are several options to consider when it comes to dealing with an insurance career. For instance, you have the option i.e. is to let the insurer repair the damage or to accept an equivalent cash settlement.

This post features some tips to prevent your insurance carrier from underpaying you.

Choose an experienced restoration company

There are tons of fire/water damage restoration specialists who offer to take up the task of performing the restoration and handling all the paper works to be reviewed by the insurer. This is where an experienced disaster restoration company can play a crucial role.

A disaster restoration company and assess the damages suffered to your property and advise you whether to go ahead with an insurance claim or not. After the initial review, if a claim seems to be on the charts, the restoration company can clean up, rebuild restore and collect all the pieces of evidence in a timely and efficient manner.

As the property owner, you should understand that it is your right to choose your own restoration company. Bear in mind that a professional insurance company can take over the tedious task of dealing with an insurance adjuster.

Dealing with an insurance adjuster will involve repeated negotiations and paperwork assessments and re-assessments. An experienced disaster recovery company can stand up against this task to ensure that that insurance company doesn’t underpay you.

Importance of collecting evidence

You can expect the following reports from a specialist disaster restoration company.

• Official reports from Fire and Police departments
• Report from the plumbing company
• Scientific data in terms of moisture readings and dehumidifier readings
• List of damaged properties or items
• Financial estimate based on the list of damaged properties or areas within your house

Bear in mind that something simple like taking multiple photos of the damaged area or property might not satisfy your insurance company. The insurance company wouldn’t say no to a series of pictures documenting the whole restoration processes, especially if the damage was inflicted by water.

Think and act smart

Once your property has suffered a disaster, call the insurance company straight away. Waiting too long to notifying your insurer can even lead to the denial of your claim.

Review the conditions in your insurance claim and do not hesitate to raise questions to the insurer like “Am I covered for this?”. Most insurance careers will have a preferred disaster recovery specialist; however, it is not mandatory that you choose this company.

Claims negotiation

Claims negotiation is the most critical step during the whole insurance claim process which mirrors the effectiveness of your efforts. This is where a reputed disaster relief company can act on your behalf to present all the necessary pieces of evidence in a timely and efficient manner and to go through to till the end to ensure that you get the deserved amount in return.

Choosing the right disaster restoration company is the key to ensure that you do not get underpaid by the respective insurance carrier. Always, stick with a company that has certified professionals, can work around the clock and with a quick response rate.