Follow these tips for a smoother flood insurance claims process.
File as soon as possible - It is important to file a notice of loss with your flood insurance company as soon as possible after experiencing flood-related damage. Most flood insurance policy forms require policyholders to give prompt written notice of any damage caused by a flood. This notice should include your policy number, a detailed description of the damage, and any supporting documentation, such as photos or videos. You can typically file a notice of loss by contacting your insurance agent or company directly.
Organize - It is important to separate any damaged property from undamaged property. Your flood insurance policy typically requires this separation to assess and document the damage properly. Make every effort to protect undamaged property and move items you want to save to a safe, dry place, such as a second story or outdoors. Do not delay cleaning up after a flood; leaving items in water for too long can cause even more damage.
Consult with your adjuster or insurer on covered cleaning expenses, measures to prevent further flood damage or repair services. Your insurance company may be able to provide guidance on how to properly clean and restore your property, as well as recommendations for contractors or restoration services.
Remember to keep all documentation related to the damage and cleanup process, including receipts and invoices for any expenses incurred. This will help ensure you are fully reimbursed for costs covered under your flood insurance policy.
Document and Itemize - For business personal property coverage, you will likely be required to provide your insurance company with a list of damaged business personal property. This list should include any related details or documents that can help support your claim.
Here are some tips on making a list of damaged business personal property:
a. Start by making a comprehensive list of all the items that have been damaged. This may include furniture, electronics, clothing, and other personal belongings.
b. For each item, try to provide as much detail as possible, including a description, its value, and any receipts or other documentation you have that can help establish its worth.
c. Take photos or videos of the damage to each item, if possible. This can help provide visual evidence of the extent of the damage.
d. If you have any items that are particularly valuable, such as jewelry or artwork, consider getting them appraised by a professional to help establish their worth.
e. Keep all receipts and invoices for any expenses incurred from the damage, such as cleaning or restoration services.
Remember to keep a copy of your list of damaged personal property and any related documents for your records. A detailed and accurate list can help ensure you are fully reimbursed for covered losses under your insurance policy.
If you have experienced flood-related damage to your structure, it is essential to document any areas of damage you want to point out to your adjuster.
Here are some tips for documenting structural damage:
a. Walk through your property and take photos or videos of any areas showing structural damage. Be sure to capture images of cracks, sagging or uneven floors, and any other visible damage.
b. If you notice any areas with water damage, such as walls or ceilings that have become discolored or have visible water stains, take photos of those areas as well.
c. Make a note of any areas where you have noticed an increase in moisture or humidity, as this can be an indication of hidden damage.
d. If you have any concerns about the stability of the structure, such as leaning walls or columns, be sure to point these out to your adjuster.
e. Keep all documentation related to the structural damage, including photos, videos, and any written notes or reports from contractors or inspectors.
Remember that your adjuster will be looking for evidence of damage to determine the extent of your covered losses. Providing a detailed and accurate record of any structural damage can help ensure that you receive the maximum reimbursement under your insurance policy.