Strategies for a Hassle Free Property Insurance Claim

As we approach the new year, I believe it is beneficial to look at strategies for filing hassle-free property claims.

Familiarize Yourself with Your Insurance Coverage: Set up a meeting with your agent to talk through disaster scenarios that may be unique to your property. Reviewing your coverages to verify its sufficiency if a peril occurs. Become familiar with your deductibles. Our FMT Agents are always available if you need to discuss your policy with them. If you don’t know who your agent is, contact our office, and we can direct you to your agent.

Flood Protection: Most home insurance policies don’t cover damage from floods. Homeowners should consider purchasing a separate flood policy.

Prepare for the Adjuster: Prior to meeting your claim adjuster, make sure to gather all documents, receipts, and other relevant information to share with them to help speed up the claim process. You should also document the things in your home via photos and video at least once a year, so you are able to reference that information if you have a property loss.

Inform Your Mortgage Service Provider About the Claim: Mortgage companies have a financial stake in the property if the homeowner is still paying off their mortgage. It is important to inform these companies of any claims filed, as you may need to have them sign off on any claim payments received.

Stay on Top of Your Claim: It can take weeks or months to see a claim to completion, so it is essential that you stay informed of the process. Keep detailed records of your contact with the insurer and any adjusters assigned to the case, as well as any other supporting documents.

In the end, communication is the key to a hassle-free claim process. If you’re finding the process challenging and disagree with the settlement amount, the best approach is to maintain open communication and discuss the differences you see with the offer. By being proactive, organized, and communicative, you can minimize stress and maximize the likelihood of a favorable outcome in your property claim.

We at FMT Insurance understand that it is stressful when you have property damage and work hard to make sure that any claim filed is handled promptly and as stress-free as possible. We are always available if you need to talk through anything.