Living in San Mateo County you think that your home is a place for safety and security and a refuge from the stresses of life. However, if disaster strikes your home, you may need a little know-how to get through the process of filing an insurance claim. You will be surprised at the amount of time consumed with this process. Obviously, one of your key concerns will be the costs involved with the restoration of your home in regards to what your homeowner’s insurance may cover, so now’s a good time to talk to your insurance agent about being sure you are fully covered for fire or earthquake losses. Some cities in San Mateo County have neighborhoods that considered flood areas, so be sure to investigate flood insurance if you don’t already have it.
The process for filing a huge claim is enormous even with the help of an adjuster from your insurance company, but you may find that turning to an additional public adjuster for aid in documenting your insurance claim can be very helpful. A public adjuster works independently from your insurance company and can evaluate your home and damage and coverage to determine the best means of reporting your loss. They can also be sure your insurance company is being fair with your claim.
Here are some steps to follow when hiring a public adjuster:
- Only interview and hire an adjuster who is licensed and ask about their level of experience.
- Make sure you speak directly to the adjuster who will be evaluating your loss each time you call regarding your property, to lessen the risks of misunderstandings.
- Question the adjuster’s experience and credentials and call past client referrals and ask for details. Your adjuster should be willing and able to supply you with this information easily.
- Double check that the adjuster you are working with is local and will work with any contractors you want to hire, if necessary. Ask if they will help you in calculating living expenses, if applicable, or just with damage estimation.
- Educate yourself. Since public adjusters work on contingency fees ranging from 5% to 15% of the insurance proceeds, it is wise to negotiate these fees and have them defined in a signed contract.
If you want to learn more about Public Adjustors, click here. One of the first things you should do today, before any disaster strikes, is take a home inventory. This can become overwhelming unless you use some of the free sites that allow you to take that inventory and save it. Here are several options for you to look at and take advantage of. Know Your Stuff. What You Own gives you a program to download to your own computer. All My Things is another site to go to. These are free to use and should something happen to your home, you’ll be very happy to know you’d done this and kept the data safe for retrieval. By retrieval, I mean storing it in the cloud where it can be accessed from any computer, any where
Real estate prices in San Mateo county have begun a huge recovery and you need to know what you own and protect it before it’s too late and you wish you’d done that. These tips only take a few minutes of your time to implement. Don’t wait