3 Signs That Your Property Insurance Claim is in Trouble

As a property owner, almost nothing is more difficult than navigating the ins and outs of the property insurance claims process. The process of filing a claim is fraught with challenges – neglecting even the most minor detail can jeopardize the outcome.

In some cases, mistakes can result in much-need payment being delayed. In other cases, a misstep could result in an all-out denial of your claim. This is why it’s a good idea to solicit the services of a professional public adjuster to handle the claim on your behalf.

Here are some prominent signs that there could be an issue with your claim:

No Response From Your Insurance Company

It’s never a good sign when your insurance provider goes radio-silent. Insurance companies are obligated to get back to you within a certain number of days after you file your incident report. By law, they need to provide payouts or denial notifications within a specific timeframe. If your insurer does not comply or appears to be taking longer than it should, it could mean a serious problem with your claim.

Make sure to document all interactions you have with your insurer, including dates and times, to make sure you’re protected.

Being Notified That Your Claim is Being Investigated

It’s never good when your insurer notifies you that your claim is being investigated. In most cases, investigations take place when the insurer believes there are issues. It may be trying to prove that the incident is not covered or that the amount requested is excessive. In some cases, a dishonest insurance company may utilize this process to deliberately slow down the payment.

Your Insurance Company Requests a Recorded Statement

It’s in the insurance company’s best interest to pay out as little as possible on claims. Unfortunately, that means that some disreputable insurers may attempt to deny claims, even if they’re totally legitimate.

If your insurance company asks you to provide a recorded statement, it could be doing so to  attempt to use your words against you at a later date. Any mistakes you make, such as misremembering the date or time of the incident, could be used as grounds for denial. If your insurance company asks you for a recorded statement, consider first contacting a professional public adjuster to help protect your best interests.

Have questions about your property insurance claim? Feel free to contact Stark Loss for more information about how a Public Adjuster can help.

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Stark Loss Consultants works for you to ensure you get a Maximum Claim Payment from your insurance company.
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