Natural disasters hurt. They’re deadly and destructive; even the best possible of outcomes is a magnet for loss. So how do you go about recovering from a natural disaster? Where do you even begin? This week, we here at Joyce, Jackman & Bell Insurors would like to help all of you out there learn about the first steps you need to take in the recovery process.
First Steps of the Recovery Process
Assess the damage AND contact your insurance provider
The very first step you need to take is to assess the damage done to your home and then immediately contact your insurance company. Your agent will provide you with the following information:
- What damages are covered by your policy covers
- The amount of time you have to file the claim (there is a limit)
- Whether or not the damages exceed your deductible
- Whether or not estimated will need to be done
- The total time it should take for the claim to process
Save your receipts for repairs
If your home has not been completely leveled, you will need to make attempts at temporary repairs. The goal here is not for you to “fix” your home by any means, we only ask that you make the repairs necessary to fend off further damage. Be sure to keep the receipts for any supplies you purchase to make these repairs.
Keep track of any relocation expenses
If your home is not livable following the disaster you will need to keep track of any and all expenses you incur as a result of being displaced. That means keeping all receipts and/or invoices for food, lodging and transportation. Your home insurance should provide coverage for relocation expenses.
Prepare for the adjustor
For significant losses, insurance companies will often send out an adjustor to come inspect your losses. Here is how you can repair:
- Have a detailed home inventory with relevant losses ready for the adjustor to view (videotapes and photographs are your friend)
- Create a list of the structural damages you would like repaired, including the electrical system
- Put together a list of bids from local contractors – the bids should feature a line-by-line listing of prices and materials
- Keep copies of EVERYTHING you submit to the adjustor
The adjustor is a trained professional. Once they give us the ok, we get to fixing your home!
Source – Settling Insurance Claims After A Disaster
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