Insurance Claims Management Tips For Homeowners

For most homeowners, filing homeowner'scontinuous phone calls to the adjuster may
insurance claims is a rare event. Unfortunately,continue to be ignored. Instead, call the insurance
because individuals don't need to do so often, it'scompany and ask if the adjuster is in the building.
easy to find yourself getting the short end of theIf so, do not let the receptionist transfer you to
deal. After all, if you had to file frequent insurancethe adjuster's desk as your call will likely end up in
claims, you'd know what to expect and have thevoicemail. Ask the receptionist to get the adjuster
benefit of experience. If you're involved in aon the line and connect you directly. If this is not
homeowner's insurance claim for the first time (orpossible, ask to speak to a supervisor and state
need a refresher), here are a few insurance claimthat you will hold on the line until you can speak
tips to help ensure that you get a fair settlement.with someone in authority rather than leave a
Clues that Your Insurance Claim Might Not bemessage.o Stalling tactics. In most states,
Fair:o The insurance adjuster arrives, takes ainsurance companies must resolve claims in a
quick look around, and then disappears. Preparingspecific time frame. However, these regulations
realistic assessments of the damage takes time.have a bit of wiggle room and time frames can
When an adjuster comes in and says, "Yep, thebe extended under certain circumstances. For
house is flooded alright" and then dashes off toexample, in Texas, insurance companies have 15
his next claim, he's not giving your property thecalendar days (in most cases) to acknowledge
attention to detail that you deserve. You alreadyreceipt of your claim and request reasonable
know the house is flooded, right? The adjuster'sinformation related to the claim. From there, the
job is to assess the damage and makeinsurance company has 15 business days to
reasonable estimates.o Lightning fast settlementapprove or deny your claim in writing. However, if
offers. This is clue is similar to the adjuster whothe insurance company notifies you that it needs
arrives and quickly departs only this time, themore time, this deadline can be extended. The law
offer is made "too fast." For example, if theprovides additional provisions and regulations such
adjuster arrives and says, "Yep, the house isas Texas's vary from state to state. If your
flooded. I'm authorized to cut you a check for $Xinsurance company continuously asks for
right now," resist the urge to accept the offerclarification on your claim forms, they may be
right away. Ask to see a detailed breakdown ofstalling. Check your state's department of
the damages along with estimates. In addition,insurance to see what your rights are.
obtain your own independent estimates so thatWhen it comes to filing an insurance claim, taking
you can make sure that the settlement offer isa proactive approach will help ensure that you are
sufficient.o The insurance company "brushes youproperly compensated. Prepare detailed
off." Is your insurance adjuster failing to returninventories and obtain several independent
your calls? While adjusters are busy professionals,estimates. Be prepared to stick up for yourself
not returning phone calls is a common ploy. Whenand make your case.
you feel as if you are getting the brush off,By: Mr.