Fortunately, only a fraction of home or commercial property owners actually have to make a property insurance claim. However, when you do have damages that you file in a claim, you most likely need your settlement check quickly. This makes it important to file your insurance claim accurately so there is no delay in getting your claim approved and getting paid. A Palm Beach public adjuster from Property Damage Consultants understands the process and the many things that may hold back your claim.
#1 Not understanding your policy
If you don’t understand the type of insurance that you need, you may make mistakes in the types of coverage to purchase. You may find that you haven’t chosen the right coverage for your property, the wrong limits, or the wrong assets covered. This means that you won’t be paid. Before filing, we will review your insurance policy to ensure you have a viable claim. We will choose what formula to use based on the age and durability of your items, either actual cash value or replacement cost value.
#2 Not understanding the process of starting, investigating, and completing a claim
This is where it becomes apparent that hiring a public adjuster to process your claim is important. We understand the process and can gather the necessary documentation to submit to your insurance claim. We also can fill out all necessary paperwork as we are experienced to do so.
#3 Failing to maintain control of the claim
This is important if you want to make sure that you get a fair settlement in a timely fashion. This means staying organized, working to ensure that your property isn’t damaged further, and obtaining more than one quote for repairs.
What is Bad Faith?
When an insurance company fails to interpret its policies or puts its financial interests ahead of yours, this is bad faith. It is illegal for an insurer to do so and to cause a lengthy delay while processing a claim. Violating these standards goes against federal law for insurance companies.
Hire An Experienced Palm Beach Adjuster To Tackle Your Insurance Claim
When you hire someone that is knowledgeable about the insurance claim process, you give yourself a better chance of getting the settlement you deserve. At Property Damage Consultants, we work hard to ensure every little detail of a claim is perfect.
This makes sure that there is no delay in your claim and you get paid fast and get to repairing your property. To learn more about our services or to schedule a free consultation to find out more about what we can do for you, call 561-451-4700. We represent clients in a variety of states and U.S. territories.