Insurance Claim Basics: Getting Compensated Fairly
Sometimes, insurance companies make storms more stressful than they ought to be. Storms might be over, but homeowners still have to deal with terribly low offers from insurance adjusters seeking to save their companies’ bottom line.
Learn how to negotiate with your adjuster so you can receive fair compensation for your losses and troubles. In today’s post by your full service restoration company, Kat Construction, we show you how you can get your adjuster to give you more than they want to offer:
Review Your Insurance Policy
Before entering into a negotiation with your insurance adjuster, make sure to review your insurance policy and know your coverage and rights by heart. Familiarize yourself with your responsibilities. That way, you’ll know what damages are covered.
Know Your Claim’s Actual Worth
After familiarizing yourself with your insurance coverage, work at knowing the actual worth of your coverage in relation to damages your home sustained. Ask trusted restoration professionals like Kat Construction to help you properly assess damages and estimate actual restoration costs.
Depending on your coverage, it might be helpful to add the costs of temporary relocation, immediate repairs and your work or business losses
Don’t Accept the First Offer
Resist the urge to settle on a low amount just to get repairs started. An adjuster’s initial offer is likely to be the lowest amount the insurance company is willing and legally required to pay. Don’t accept it.
Use Convincing Evidence
Present evidence that will prove that you deserve to be given a higher amount than what the insurance adjuster usually offers. Photos or videos of your property and belongings taken before the storm or damaging event will help.
Don’t Settle for Anything Less Than Perfect
Start by negotiating with high amounts and expect that your adjuster will do his best to lower that. Work your way toward a fair settlement. If you need to, consult with an attorney throughout the negotiation process.
Keep in mind that your goal in negotiating with your insurance adjuster would be to have your home and belongings restored, with equal or even better quality. This way, you won’t give them room to pressure you into unfair offers.
If your home has suffered from storm damage and is in need of repairs, trust our emergency restoration services at Kat Construction. We can help you talk to your insurance adjuster to get your roof fixed in no time if you call us today at (612) 260-1144. We serve Rochester and St Paul, MN.