After a disaster loss occurs to your property or business, the worst news you can get is that your claim has been declined. These are common reasons for claim denials and some suggestions to avoid this in the future:
1.) Non-payment of premiums
Keeping up with your premium payments is especially important. Your insurance company will require that you pay your premium on time.
2.) False statements or questionable claims
Post-disaster you can expect your insurance company to send their own adjuster to investigate your claim. If they find anything suspicious or questionable involving the original application for coverage or with the claim itself, it is possible that your claim will be denied.
3.) Insufficient documentation of the damage
One of your responsibilities as a property owner is to file and prove your claim to the insurance company – it is not the insurance company’s job to prove the claim to themselves. Therefore, it is important that you accurately document the damage done to your property in a detailed manner by taking photographs in the aftermath to submit to help prove your case.
4.) Exclusion clauses
Every property insurance policy comes with its exclusions. If the cause of your property damage is excluded from coverage in your policy, then you can expect your claim to be denied.
5.) Not taking sufficient preventative measures following a loss
Following a property loss, the policyholder is required to protect the property from further damage and to mitigate the extent of loss. Leaving the property exposed to additional loss and not taking reasonable steps to reduce the extent of the loss, could be grounds for a denial.
But not worry, if you do not know how to file a claim or are not sure if you are covered by your home insurance policy, Top Claims Consultants can guide and represent you throughout the claim process.
We will fight to get you the best compensation and get your home back to normal!
Call us for a FREE property inspection and claim review at 1-800-867-9612
