Filing a Renters Insurance

Claim

Report any crime to the police

If you are the victim of a theft or your home has been vandalized or burglarized, report it to the police. Get a police report and the names of all law enforcement officers that you speak with.

Phone your agent or company immediately and get answers to these questions

• How long to I have to file a claim? (There are time limits on claims filing.)
• Do I have the coverage I need?
• Does my claim exceed my deductible?
• How long will it take to process the claim?

Prepare a list of lost or damaged articles

You’ll need to substantiate your loss. Don’t throw out damaged items until a claims adjuster has visited your home. You should also consider photographing or videotaping the damage. Prepare a list of damaged or stolen items for your adjuster along with copies of receipts.

If you need to relocate, keep your receipts

If your home is severely damaged and you need to find other accommodations while repairs are being made, keep records of all expenses.

Get claim forms

Once you’ve notified your insurer of your claim, the company is required to send the necessary claim forms to you by the end of a set time period. (The time period varies from state to state.) Return the properly filled out forms as soon as possible to speed up your claim.

If you feel your insurer hasn’t given you satisfactory service, you should talk to the agent or company representative who sold you your policy or your insurer’s claims manager. If you’re still unhappy, contact your state insurance department or local consumer protection office to discuss what you can do.

State insurance department telephone numbers and web site addresses.

This blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies is brought to you by SimplifyEm Pay Rent Online and Property Management Software

This blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies is brought to you by SimplifyEm Pay Rent Online and Property Management Software

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This entry was posted on Friday, January 29th, 2010 at 4:00 am and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed.