When you hear the words “insurance claims process,” it likely doesn’t conjure up good emotions. Most people think of the claims process as long, stressful and tedious, and for good reason. When a home or other property is damaged, the first thing that a policy holder will do is contact their insurance company to report their losses. The representative they speak with may or may not be a licensed insurance adjuster. They are obligated to then explain to you the different coverage options.
This is where the easy part of the process ends. The insurance company wants to part with as little of their money as possible; but in reality, this is your money that you earned by paying your insurance premiums. Your representative will then give you an estimate of the damages and cost of repair, and then try to get you to use their contractor. The problem with this part of the process is that every option the insurance company is giving you is tainted with a bias of profit.
While insurance adjustors are obligated to provide you with the compensation that is rightfully due to you according to your policy, they are also trying to make a profit. If your property was damaged, you have already gone through enough loss. Adding insult to injury, insurance companies typically set up roadblocks and other problems to bar you from getting what you actually deserve. Did you know that this entire process could be avoided? With the help of an expert, you will be well on your way to circumventing this process altogether.