According to a 2012 FBI report, at least 1 in every 36 houses in the U.S. got burglarized. In a separate account, theft and vandalism is also a leading offense in most states in the country. Although some cases are minor, there are circumstances that can be really traumatic and expensive for homeowners.
Aside from the hassle, the insurance claim process can stymie work and living of the victims. Not just that. Some claims don’t get paid properly. This is where public adjusters come to the rescue.
The truth about home theft insurance
It’s not always easy to get a fair payout from theft insurance, let alone get approved for it. No matter how long you’ve been with your insurance company, they aren’t always happy to pay you. The truth is that insurers only make money if your claim is lower than the premiums you’re paying for. If the cost goes overboard, they will be losing profit. No business wants that to happen.
A lot of adjusters from some insurance companies are bent to figure out how they can get away with the lowest payout possible. This is the reason why the opinion of public adjusters is indispensable.
Although there are honest insurers, there are also some who will try to slash the price tag. Compared to hurricanes and fire incidents, burglary and vandalism are more complicated to deal with in terms of insurance. On the other hand, we have to give it to the insurance company. A lot of homeowners tried to milk money from their insurers by faking the incident and then filing for vandalism insurance claims.
Why it becomes complicated
Again, this is due to filers who claim for a theft incident that never took place. Many insurance companies developed trust issues. With that, they will give you more roadblocks to overcome before you can get a check. You have to lay out the evidence that the theft or vandalism incident isn’t staged.
The items should be owned by you and you can give specific value to each one. In case of property damages related to the burglary or vandalism, you have to prove that it’s worthy for a payout.
The help of a public adjuster
Once you’ve filed a legitimate claim, a public adjuster can negotiate with the insurance company. This way, you’ll get the right payout for the damages and stolen items.
Proper documentation is the key to seal the proper payment. Public adjusters like the Gold Coast can help you out with this. We will help gather receipts, bank statements, photos, videos, appraisals, and so on. If you’re filing for a car theft insurance claim, adjusters will help you get the right payment for such a valuable item.
Another thing is that some insurance companies use jargons. If you don’t understand it well, you might fall prey to their shady tactics. Public adjusters know this very well.
So if your home or business experienced theft and vandalism, it’s best to ask the help of public adjusters. These people will make the process easier so you can get your life and business back on track.