BUSINESS INSURANCE CLAIM ADJUSTMENT

InsuraClaim, Inc.

A water disaster can strike anytime anywhere. Generally, the occurrences are sudden and unexpected. It has been widely reported in the insurance industry that the most frequent type of loss is from water. For those who have had no prior experience in handling an insurance claim, the policy language can be very confusing at best. At InsuraClaim we strive to provide you with the best flood insurance claim services.

FLOOD CLAIM ASSISTANCE

As most homeowners can attest to, the family home is the single most valuable possession and typically the largest investment. When that home is damaged by a tornado, recovering the maximum amount of money needed to repair or replace the damaged property or business will certainly be the biggest challenge one could ever undertake.

TORNADO CLAIM ASSISTANCE

According to the National Oceanic Atmospheric Administration (NOAA), hail causes about $1 billion in damage to crops and property each year. Hail causes more damage than the combined damage from lightning, tornado, and wind. Since the year 2000, Minnesota had the second highest total loss for hail at a yearly average of $252 million dollars in all of the States. Texas was by far the highest at $859 million dollars.

HAIL DAMAGE CLAIM ASSISTANCE

Typically, if the windstorm event causes a breach in the building envelope and water comes into the building due to that breach, then you have coverage. This would include water damage to the building itself, such as drywall damage, particle board expansion, electrical damage, mold, etc. Wind-driven rain can be very problematic in a hurricane as many insurance companies will not pay unless there is a breach or opening in a structure.

HURRICANE CLAIM ASSISTANCE

Fire losses are often the most devastating occurrences that can happen to a family or business. Fire damage requires important short-term decisions from individuals that are under a tremendous amount of stress and confusion. Our fire adjusters will apply their years of professional experience to your fire loss claim. We have the knowledge and expertise to help you negotiate the complicated process required by your insurance carrier to get your fire claim paid in a fair and honest manner.

FIRE CLAIM ASSISTANCE

Lightning can cause severe damage to a property in a number of different ways. The first is concern for life, health, and safety, and the direct damage resulting from the lightning strike. The next is damage to property from power surges or fires resulting from the lightning strike. Insurance adjusters may try to pass on replacing electronics or other damages that aren’t seen at first glance.

STORM DAMAGE CLAIM ASSISTANCE

Typically a property insurance policy covers direct physical damage from a windstorm. If the direct physical damage is obvious, such as entire roofs/walls or portions of roofs/walls blown away, then a coverage determination becomes easy. Homeowners will want to know where they will live while their home is being repaired. Not only is the building loss a concern, but business inventory losses frequently become a major part of a windstorm damage insurance claim.

WIND STORM CLAIM ASSISTANCE

Earthquakes can happen anywhere, and at any time, and come without warning. Even a small earthquake can do considerable damage to the structural integrity of your commercial property. In the aftermath of an earthquake, you should make sure to have a thorough inspection of your business’ property to make sure that all damages have been identified. Let InsuraClaim help you build your Earthquake Claim today!

EARTHQUAKE CLAIM ASSISTANCE

Business Insurance Claim

Your business is likely your most valuable investment. If your business sustains damages, call InsuraClaim. We can help!

Most people would not hire the IRS to do their taxes. Why would you rely on the insurance company’s adjuster to pay you every penny you are entitled to?

Business insurance coverage protects businesses from losses due to events that may or may not occur during the normal course of business. There are many types of insurance policies for businesses including coverage for property damage, legal liability and employee-related risks. Companies evaluate their insurance needs based on potential risks, which can vary depending on the type of environment in which the company operates.

A public insurance adjuster is the only type of adjuster that works exclusively for policyholders. Having no connection or obligation to the insurance companies means there is no inherent conflict of interest when it comes to advocating on your behalf to the insurance company. InsuraClaims Public Adjusters work diligently to get you what you are entitled to on your business or commercial claim.

We begin by evaluating your policies to determine the best way to to present your claim to the insurance company. Because business values can be very subjective, we conduct a thorough evaluation of your loss by carefully researching, detailing, and substantiating every aspect of your claim. We also work as your advocate at inspections as well as meetings with your insurance company.

Insura-Claim-Condominium-Page-Hero-Image2

Understanding Business Interruption Claims

Business Interruption insurance coverage is often viewed as the most difficult coverage to adjust. In general it involves determining a dollar amount of earnings of a business, including continuing expenses, that did not occur because of the loss.

When making a business interruption claim, the policyholder and their insurance company need to agree on several factors. The most significant piece of the claim is the time frame your business will be interrupted vs. how long the insurance company will agree to pay on a business interruption claim. How the claim is handled will have a profound impact on your company’s ability to recover from a loss. Because several aspects of business income can be very subjective, it is important to have someone who can help you to fully understand what your business is entitled to under the terms of your insurance policy.

Having an InsuraClaim Public Adjuster on your side will help alleviate the burden of dealing with your business interruption claim. We will work hard to get the fair settlement you are entitled to.

Common types of Business Insurance

The selection of business insurance options are many, and the types you choose depends on the type of business you own. A business claim settlement of any type is a complicated one, so insurance companies send out their most experienced adjusters to handle them.

Below are a few of the more common insurance policy options available for protecting your business:

General Liability Employment Practices Liability Insurance

Workers’ Compensation Professional Liability Insurance

Regardless of the types of coverage you need for your business, when you make a claim, they all require expert investigation, loss evaluation, and effective negotiation skills in order to get you the best settlement. InsuraClaim Public Adjusters offers you an ally with the expertise you need. We are experts in our field and will be with you from start to finish.

In Conclusion

Your business is likely the most significant monetary asset you will have, and InsuraClaim understands how devastating business losses and interruptions can be. The earlier our public adjuster is brought into the process, the better the opportunities are for helping your business obtain a more favorable claim settlement. As soon as you bring us in, we are there working on your behalf. InsuraClaim Public Adjusters will support you and your business through the entire claim process to achieve the maximum insurance recovery.