When you have an insurance claim, you may wrongfully believe you are at the mercy of the insurance company. Whether it is a car insurance, homeowner’s insurance, or other property insurance claim, you may have a right to compensation depending on the circumstances. Make no mistake: the insurance companies are not on your side. They are out to protect themselves from paying out any more than they absolutely must. To make sure you get the compensation you deserve, there are some important things you can do to protect yourself.
From the moment of the incident that leads to your insurance claim, you should be documenting everything. Pictures of damage are often helpful. Document every conversation you have with police in filing a report, with the witnesses that were present, and with the representatives of the insurance company. You may need this information if your claim is denied and you have to fight for compensation.
Don’t Settle for Less
The insurance company may approve a claim, but for less than you were expecting. If the approved claim amount is less than the total cost of your damages, you should not accept the claim as is. Discuss with the insurance company why they are giving you less than the amount of the damages and related expenses. Document this conversation, and if they still refuse to raise the claim amount, contact an attorney to discover your options.
Never Sign or Cash a Check if You Are Unsure
If you aren’t sure whether or not your claim is being handled appropriately, avoid signing anything or cashing any check that is sent to you. Even if you are not asked to sign a document stating that you accept the claim as it has been approved, there is often a clause attached to the check that will be provided. If you cash the check given to you by the insurance company, you are agreeing that they have compensated you fairly.
If your insurance claim has been denied or you feel you are not being fully compensated, contact us for a consultation. We can examine your case and determine if you are entitled to additional compensation.