Home Insurance Claim Secrets

When your house gets damaged in any way, the first thing you want to do to is claim your home insurance coverage. However, you may be exhausted with the realm of paper works and processes – especially when you need to review the policies under it.

Now, there is a better way to claim your insurance, and this is by trying these secrets which the insurance providers will never reveal to you.

1. Claim the house for total loss instead of rebuilding.

Did you know that the coverage of construction from the total loss of the house is greater than filing it for repair or rebuilding? In fact, it is easier to process the papers if you declare your house as ‘simply gone’ than to go and provide evidences of damaged sections. The reason for this is simple. When you declare rebuilding your house from scratch, you do not have to do major changes that exist in the building. This will give you a clean start.

2. Never sign any release for your claim.

Signing it means you will never be qualified for more claims in the future. You definitely know that your property can get damaged again by different disasters in the future. Most insurance companies would let you sign an agreement, asking you to sign a release of your claim. Be sure to double-check all of the provisions before signing any legal documents. Insurance providers are business-conscious, so you want to be smarter by taking advantage of your claim.

3. If the check is marked ‘full and final settlement,’ do not encash it yet.

There are states that prohibit insurance companies to issue a check for homeowners claim.  Be sure to check any legal rules before you can even begin to start filing a claim. In the state of California, it is illegal to issue a check marked as ‘full and final settlement,’ since it pertains to not receiving any funds from the insured person anymore. It simply states that your insurance provider has already paid for everything you are needed to be paid for, so you will not have to ask for more in case your property undergoes more damage.

Be sure to be smart in all of your claims. Trust only the most credible and honest insurance provider like the Galveston Home Insurance. Visit http://www.houstonautoandhomeinsurance.com/home-owner-rental-windstorm-insurance.html for more details.