Do this before you file a claim!

The average homeowner files two claims every ten years. (This can vary depending on multiple factors, such as location and the age of the home.) Because most policyholders don't file claims regularly, it's easy to think that once there is a loss, it is time to call your insurance carrier. However, there may be more steps in the process!

Here are a few things to do before filing a claim in the event of a loss.

1. Assess the damage. Make reasonable repairs so that more damage doesn't occur.

2. Contact your insurance agent. Your agent can walk you through the claims process and explain your deductibles and coverage.
3. Receive quotes for repair. Contact knowledgeable experts to discuss damage and repairs.

Every claim reported to your insurance company will remain on the claims report regardless of the payout amount. 

For example, if the damage to your home totals $800 but your deductible is $1000, this claim will have a $0 payout because the deductible would cover the whole amount. 

Remember, the deductible is the amount owed by the insured before insurance companies will pay for a claim.

Insurance rates can change based on claims, and your premium can increase after a claim is reported.  

Overall, there are times when filing a claim is the best decision. As the policyholder, please enter the process with the knowledge you need to make the right decision.  

We are here to help! If your home suffers a loss, please contact our office to discuss your options.