The Importance of Knowing your Clients’ Business Philosophy & Risk Appetite and Why
Continuing with our severe weather education, we’d like to focus on the process of filing a property loss or damage claim. In the event of a catastrophe, you want to be informed and prepared for the aftermath. The first step is to make yourself familiar with your insurance policies. If you have questions or want to modify anything, now is the time, not when the adjuster is at your door. The more you can get a handle on now, the easier it will be for you and your family if disaster strikes.
Action Claim experts arrive on-site within 24 hours to begin your emergency property claim. Once there, our job is to investigate the situation, and interpret and apply your policy accordingly. A loss notice is completed and is mandatory to prove the property is yours. You will need to provide current leases, deeds (including trust deeds), physical inventory data, evidence of purchase & ownership, your business ledgers, and banking records. If you haven’t already scanned and archived these documents, now is the time. Remember to store these files off site, in case your computer is damaged in the storm. The process continues with interviews and recorded statements from yourselves and any witnesses. Photographs, reports of value determinations, and additional contact with police and/or fire investigators will also be included. Then the packet is completed and sent to your insurance company to be processed. You are to be notified within 60 days of the final status of your claim.
Action Claim professionals have a wealth of experience helping property owners with disaster stricken property. Even though it’s unfortunate when severe weather unleashes, we know that we can help you through it. Our claims experts are friendly, knowledgeable, and precise. We wouldn’t have it any other way! Contact us today to help you out!
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