Everyone tries to take the necessary precautions to prevent fires. Still, accidents happen. Even with the right insurance, you may have to fight to get what you need. If you have a Florida fire claim, you may wonder how you can repair and, if need be, replace your home. Let’s go step by step.
How to Respond to a Loss?
You can usually find out how to respond to a loss by checking the language of a homeowners’ insurance policy. However, it may be difficult to figure out how to apply the language of the policy to the loss. This requires a careful review of the policy and any state laws that apply to your situation.
One law that sticks out is Valued Policy. Valued policy laws are designed to help policyholders be able to declare a total loss instead of having to jump through hoops to prove how much cash value they have lost in damage. Twenty states have laws pertaining to valued policy. They are applied differently in each state.
Why is it Difficult to Receive Fair Treatment?
Laws pertaining to insurance, including the valued policy law, override policies that conflict with them. Although this may seem straightforward, it may be hard to apply valued policy law. This is because some municipalities do not uphold it. The ones that do can make it difficult for policyholders to depend on it.
In order to benefit from the valued policy law, you need to be thorough when it comes to presenting documentation that relates to your loss. You also want to present what you lost and an estimate of construction to replace the loss.
Take note of provisions outlined in the policy as well as laws that apply to your loss. You also want to make sure you are complying with both state and municipal requirements.
Why do you need a Fire Claims Adjuster?
Make sure that you hire a licensed professional to find out the scope of your loss when making your house fire insurance claim. They will be able to point out all the damage and tell you how long it will take to fix it.
When you do not hire a fire claims adjuster, you run the risk of being shorted. Sometimes you may only get half of the money you need to restore your home to pre-loss condition. Even with adequate insurance, you may still be shortchanged by your insurance company.
Fire can cause extensive damage to your home. Even if it is limited to one room, soot and toxic smoke can get into different areas of the house. This can make it difficult to figure out which things should be replaced and which ones can be restored.
Who Determines what to Repair or Replace?
The scope and value of the loss are interpreted differently based on the interests of the one who interprets them. Your insurance claim carrier benefits from the reduction of claims costs.
Whoever has the most proof and strongest will decides what will happen with insurance claims. If your home has been destroyed by a fire, you may not have to fight. However, if the situation is less obvious, you run the risk of being shorted. Therefore, you need to prepare for a possible fight. That means understanding your policy and understand how it applies to addressing your fire-damaged home.
Finding the Right Public Adjuster
Finding the right public adjuster is important in gathering evidence concerning the scope of the loss you have experienced. At Florida Fire Claims, we have spent many years in the business. If you feel your insurance company is treating you unfairly, we can help. Contact us today.