House Fire Insurance Claim Tips

Part of the American dream includes owning a property you can call home. Despite years of hard work and savings, fire can burn down your investment in a few minutes. Fortunately, homeowners insurance can help you recover from the loss.

Even so, you must take the proper steps to obtain the maximum compensation from your insurer. For instance, knowing your rights gives you the upper hand when negotiating with the insurance company.

More importantly, consider buying a homeowners’ insurance package from a trusted insurance agency committed to protecting its clients’ interests.

House Fire Insurance Claim Tips

Here are a few tips which will help you get the most from an insurance claim:

Preserve Evidence

Once you’ve filed an insurance claim, the loss adjuster will inspect the home and assess the damage caused by the fire. With that in mind, preserve the effects of the fire incident and avoid throwing away any belongings.

In addition, take pictures of the damages related to the fire incident. More importantly, create a list of the items damaged in the fire incident with their estimated value.

Understand Your Rights As a Policy Holder

An insurance company will act in the preservation of its interest by trying to minimize the amount payable to the claimant. As such, it pays to understand the amount you’re entitled to and your rights as set by the agreement.

Create time to read the terms and conditions of the policy document for a better understanding of your rights. Similarly, you can request a homeowners’ insurance agent to explain your entitled compensation and how best to redeem it.

Make a Prompt Notification to Your Insurer

You can increase the chances of fair compensation by quickly notifying the insurance company after the fire incident.

Here are a few benefits of issuing prompt notice:

• It gives the claims professionals a chance to advise on ways to reduce your loss
• Immediate notification means the insurer will expedite the settlement process
• It gives you peace of mind
• The prompt notice allows the insurer to assess the damage while evidence exists.

Consider Engaging a Loss Assessor

If you doubt the outcome, a loss assessor can manage the claim. Their primary objective is to maximize the settlement amount you can obtain from the insurer.

A qualified loss assessor will handle all aspects of the claim, including paperwork and negotiations.

A professional loss assessor can strive to obtain interim payments if need be. You may also consider hiring a loss assessor where an insurance company has declined your claim or delayed the settlement process.

Speak to a Trusted Insurance Agency to Protect Your Home

While an accidental home fire may be inevitable, you can restore it by obtaining a fair insurance settlement. However, you should take prompt action and work closely with insurance professionals to avoid leaving money on the table.

That said, consider engaging a reputable agent like Panorama Insurance Agency, which has been in business since 1973 with a competitive edge in representing clients.

Contact us online to connect with one of our team members.