Most homeowners and business policyholders are unaware of the complexities of the insurance claim process. Therefore, the procedure seems overwhelming once they file a claim. Most people hire an experienced public insurance adjuster to help them evaluate their damage and file a subsequent claim.
However, it is important to be aware of the entire procedure, especially the insurance claim inspection process, to ensure everything goes as swiftly and smoothly as possible. Let’s take an in-depth at the insurance claim inspection process for property damage.
How Does Property Damage Insurance Process Works?
Depending on the severity of the damage and complexity of the claim, the process can differ within each situation. However, there are four broad steps generally involved in any property damage insurance claim process.
Step 1 – Filing the Claim
Once you experience a loss, the first thing you should do is file a claim with your insurer. The process involves contacting your insurance company, providing details, and getting a claims number from the representative.
Step 2 – Evaluating the Claim
Once you’ve filed a claim, the insurer will evaluate every aspect of the claim. The insurance company will send its adjuster to inspect the property damage and ensure all your claims are legit. At this point, you should also have an experienced public adjuster to help you with the evaluation.
Step 3 – Approval or Denial
The next step involves the insurer either accepting or denying your claim. If they deny your claim, they must provide legitimate reasons in writing to do so. You can always dispute the resolution if you don’t find it to be within the rules and stipulations of your policy.
Step 4 – Claim Closure
If you’re successful in your claim, you’ll receive the payment, and your claim will be considered closed.
The Insurance Claim Inspection Process
The insurance claim inspection process begins at step 2, where the insurer thoroughly evaluates the claim and either accepts or denies your claim. For smaller claims, the insurer might only require photos or video evidence of the damage to substantiate your claim. An adjuster might not physically visit the property to inspect the damage.
However, in most cases, the insurer will inspect the damage before approving your claim. The insurance company will send an adjuster representing their best interests to evaluate the damage. They will check for signs of wear and tear for every claim you’ve made for the settlement.
For example, if you have filed a claim for hail damage to your roof, the adjuster will carefully examine whether it is the case or not. They’ll also see whether the incident is recent or not. The adjuster will also check for any structural damage to your property. If you have additional aspects such as a pool, garden, or shed, they’ll also examine it quite carefully.
Always remember that insurers work for profit and aim to make money and not hand out payments in a settlement. They will try their best to pay out the minimum amount required based on the terms of the contract.
Therefore, it is always advised to have your public adjuster by your side who can dispute any wrong claim made by the opposite party, help document the damage and increase your chances of winning a fair and equitable settlement.
In addition, you are also required to make temporary repairs and prevent further damage to the property. Your insurance policy requires you to take prompt measures to avoid further destruction to your home. Failure to do so may result in your claim being denied. Also, you’ll be compensated for any temporary repairs you make by the insurer, so you don’t have any reason to avoid the step.
Get Started with Morgan Elite Specialist Services
You can ensure that your insurance claim inspection process is as seamless as possible by having a reliable, honest, experienced, and trustworthy public adjuster who can provide impeccable assistance during your claim.
If you’re looking for experienced public adjusting services in Texas, check out the services at Morgan Elite Specialist Services. With over 75 years of combined experience, we are well-positioned to help you deal with all your complex claim issues. We provide a holistic suite of services that include collecting and filing documentation, recording damage evidence, and negotiating with the insurer for a fair settlement
We have dealt with numerous high-profile claims and have helped our clients resolve their issues promptly. Report a claim now or contact us today for more details on Mass Tort Settlement, forensic accounting services, claims handling services or contact them today.
