Your insurance claim has just been denied. Your property may have been subject to burglary, vandalism, flooding, and even a devastating fire. What do you do? What are your options? Insurance claims can lead to denial for various reasons. We take pride in having helped a multitude of property owners who have had their insurance companies deny or underpay their claims. As a public adjusters, who specialize in reopening claims, we can work on your behalf. We can find out why your claim was denied and advise as to what to do next to recover the expenses for your damages.
.Here are some of the steps:
- Remain calm. Do not let your emotions get the best of you and end up cursing at your insurance company. This reaction is understandable, but you need to have a clear mind in addressing this issue.
- We will review the content of your policy. You may not have done this before filing the claim and were unaware of the extent of your policy coverage.
- We will file an appeal on your behalf. It may be a lengthy process but be patient.
- If you are still having problems with your insurance company, and your appeal has been denied, you need to seek out a public adjuster who has experience with denied claims to determine if you have a case.
Insurance Companies Denials
There are a few common reasons why your insurance claims can be denied, they are:
- Filing on a timely basis. Many insurance companies require you to report the damages as soon as possible in accordance to the terms of the policy.
- Premium payments. Your claims can be denied if you are not consistent in your insurance premium payments.
- Giving false information. Lying on your insurance application is unacceptable and will likely result in a denial.
- Not enough information of the said damages. It is very important to give accurate information for the damages that were done to your property. It is your responsibility to give this information to your insurance company.
- Exclusion clauses. It is also important to understand the exclusions in your insurance policy. Typical exclusions can include things such as: pool patio awnings or exterior paint.
- Take preventative measures. As a policy holder, you are expected to protect your property after the damages. If you do not protect your property and more damage occurs, your claim can be denied.