Managing wildfire damage is one of the most difficult responsibilities a business owner can face. You are asked to begin a difficult insurance claims procedure at a time when you may have been left without a workplace. Read on as this article will go through wildfire insurance claim suggestions for business owners.
Contact Your Insurance Company Immediately
Your insurance policy contract requires you to notify them of the property damage claim as soon as possible. Failure to do so may result in your claim being denied. It is crucial to note that even if you are forced to quit the premises, you must call your insurance carrier as soon as possible. Depending on your insurance carrier, you may be able to do this over the phone or online.
Beware of Consumer Scams
It’s a sad but true fact that following a tragedy, those operating post-disaster scams can prey on vulnerable victims. Scammers use every profession in their schemes.
As a general guideline, you should never give out personal information to anybody (such as your Social Security number, driver’s license number, or insurance policy information) unless their credentials are validated.
Track Your Expenses
You will likely incur expenditures as a result of wildfire damage to your property from the time you file your insurance claim until the final settlement check comes. Keep a record of all activities and keep all receipts, including those for property repairs and any out-of-pocket payments. This will offer the evidence needed for a catastrophe recovery specialist to present your claim to your insurance company, and you will know which expenditures will be paid as you rebuild.
Secure the Property and Premise
This may be tough to achieve in a wildfire situation owing to evacuations. When it is safe to return, it is your obligation as the policyholder to avoid further damage to your property and decrease the potential of a third party being hurt by securing your property and the premises as effectively as possible.
Consider Hiring a Public Adjuster
A public adjuster is an insurance specialist who works exclusively for you, the policyholder, rather than the insurance company. They have the specialized experience and ability to comprehend the complexities of your policy, assess and record the entire extent of your harm, and settle a claim to optimize and expedite your cash recovery. A public adjuster will handle the full claims procedure by doing the following:
- Examine your insurance policy thoroughly
- Create a claim strategy
- Identify policy compliance concerns
- Building, equipment, and inventory losses must be valued in detail
- Negotiate with your insurance carrier on your behalf
- Keep you updated every step of the process
Claim What’s Rightfully Yours with Stone Claims Group
The purpose of Stone Claims Group is to apply cutting-edge investigative approaches to push the limits of claims research for our customers. Our public adjusters have a long history of success and skill with consumers from all walks of life, serving over 15 sites across the United States.
When you use our services, you will receive a dedicated team of individuals as well as our combined abilities to provide regular communication, attention to detail, and diverse viewpoints on how to establish your claim.