In shopping for personal or business insurance coverage, your responsibility does not stop in choosing where to get the insurance and paying for the premium. After having the necessary insurance coverage, there are things you need to know, things that you yourself should also be responsible in knowing so. Yes, you are now insured but what happens next when the reason why you had your properties insured turns up? To put things straight, you should know how to process for property damage insurance claims. This process might be complicated at first glance, but don’t worry too much for your insurance provider will help you along the way. Just know the basics and what part should you play in processing the claim.
As the insurance policy holder for home or business property insurance, you have the duty to report to your insurance provider whenever damaged had been brought upon your insured property. In doing this, you must file to your insurer a written notice of the claim informing them of the circumstances. After the notice of claim has been filed, your insurer might have more inquiries with regards to the claim and that as the policy holder, you must respond to these requests. By providing the requested information from your insurer, you are supporting the legitimacy of your claim. Most of the requested information are usually the incident or police report, picture or documentation proof of the damages incurred. When you have the responsibility of reporting the incident pertaining to your claim, your insurance company also has the responsibility to investigate the claim thoroughly but in a timely manner. And to have things run smoothly, work hand in hand with your insurance company in doing so.
On the process of property damage insurance claim, your insurance company after investigating the claim also has the duty to pay for the damages promptly, or deny claims that they will find unfitting. In doing this, your insurance company will inform you formally through writing of the reasons why such claim has been denied.
It is important that after buying insurance coverage you must read and comprehend totally to the policies written thereof. By doing this, you would know what is and what is not included in your insurance policy and the other details pertaining to claims processes. Always remember that filing for property damage insurance claims shall not be done in a hasty manner, and that you must not hesitate to call for your insurance company and ask for proper guidance on how to do it.