When dealing with an insurance company, especially after a disaster or 'peril' has occurred, it can often feel like you're just a number. The sad truth is, in the event of an insurance claim, it is NOT in the best financial interest of the company to pay you out. This is a facet that many home insurance companies neglect to mention, or at the very least minimize. Learn the considerable consumer knowledge available here from people who have been through it. Let's start with a breakdown of important insurance terms. An Insurance Dictionary of sorts.
Frequently Asked Questions. When navigating an insurance claim, calculating the amount of home insurance coverage your family has, or merely deciding on which home insurance company or policy is right for you, there are things you should be aware of. Compiled here is a list of frequently asked questions that will help to clarify some of these convoluted issues. By the time you're done reading them you will be better prepared to negotiate a claim, make an informed assessment of your policy, and/or choose the company that is right for you and your family.
The Fire Diaryis a personal blog about personal experiences with the insurance industry, from policy purchases, to claims filing. The blog follows Kam, a young man who purchased his first home a few years ago. Unfortunately, disaster struck and he has been struggling to navigate the insurance claims process ever since. What he has to share is invaluable information garnered from months of arbitration with the insurance company subcontractors called 'independent adjusters'. Hint: If you think "independent" suggests unbiased, you would be wrong.
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