LARGE LOSS CLAIMS

Large loss claims are very complex since they cover so many different facets of reconstruction.  Custom residences use expensive finishes and materials that would need to be taken into account when filing a claim.  Businesses will also have lots of insurance paperwork to go through to figure out the best process.  This can take a lot of time which is why you need an experienced public adjuster on your team.

UNDERSTANDING  YOUR LARGE LOSS CLAIM:

With such a complex claims process the insurance company may attempt to take control of the whole process meaning they won’t have your best interests in mind.  Hire a public adjuster to help you with the process to stay ahead of the game.

Be aware of what your actual policy is covering.  With the many layers of coverage available we can help you analyze actual cash value vs. replacements costs, deductible issues, respective policy limits, sub limits, depreciation schedules, and obvious coverage and exclusion factors.

HOW AN ADJUSTER CAN HELP:

• Develop a plan of action to help guide you along the way with your policy coverage and contractor negotiations.  Be careful with what you sign, a “Assignment of Benefits Contract” may mean you see your payout.
• Make sure you understand your policy fully.  Your property value, penalties associated with the settlement, even how to keep your dwelling or business to code once construction is started.
• Keep good records, make sure you photograph and video as much as possible.  Save any communications and followup any verbal conversations with email or written communication.  Request estimates and agreements in writing.
• Provide education and resources to you that would otherwise be hard to find in the claims process.