Is your insurance company really looking out for your best interest? What are your options after suffering a loss and filing an insurance claim? Do you understand your insurance policy? Check out this video where FOX 11 Investigates insurance companies in Wisconsin and why paying good money to insure your property doesn’t mean they will have you back. FOX 11 also highlights why hiring a Public Adjuster may give you the representation you need to ensure you are getting the most out of your insurance claim.
After suffering a fire loss, most homeowners and property owners find themselves looking to their insurance company for help. Most aren’t prepared for the process and find that managing the insurance claim is over their head. All of the jargon, exclusions and conditions contained within a
homeowners insurance policy can be intimidating and overwhelming such as:
- Do you know the difference between Actual Cash Value and Replacement Cost Value
- What is Depreciation?
- What is proper mitigation and what steps do I take to prevent further damage?
- How do I know if an items is repairable/cleanable versus non-salvageable and should be replaced?
An Appleton home fire featured on a FOX 11 interview demonstrates that your insurance company will likely offer to pay for a portion of the damage. The same insurance company will also leverage the language of your homeowners insurance policy to minimize the amount paid to settle the claim. David Miller, of Miller Public Adjusters, explains “Without proper representation, there may be some coverages you may not understand you are entitled to.”
“Public Adjusters are there to protect your interests and ensure the insurance company is paying what you are entitled to under the policy” Miller explains. “When you find that your insurance company’s settlement offer is too low to cover cost to repair the damaged property, a public adjuster can step in to ensure you are getting the most out of your insurance claim.”