Home Insurance Claim Check
I'm shopping for a house and have heard that it can be difficult to get homeowners insurance if the house has a history of a lot of insurance claims. How can I avoid this kind of problem?
If your claim is being undervalued by the insurance company and you know that they did a poor job investigating your claim, you need to keep pursuing a better offer. Will Accepting the Check End Your Claim? Before cashing an insurance settlement check, find out whether doing so will bring an end to your claim.
When both the structure of your home and your personal belongings are damaged, you generally receive two separate checks from your insurance company, one for each category of damage. If your home is uninhabitable, you'll also receive a check for the additional living expenses (ALE) you incur if you can't live in your home while it is being repaired.
Insurance companies don't deliberately set out to make your life more difficult. They're required by the mortgage company to include them on the check for repairs. Lenders want to make sure they're fully aware of any insurance payouts taking place on their properties. They want to be included on the check to ensure this happens.
Now you can file your home claim from the convenience of your desktop or mobile device, 24/7. We'll guide you along the way so that each step in the process is captured, and to ensure you're comfortable with the claim you submit.
You get the biggest hassles from big Home Insurance claims. Consumer Reports explains how to get that big claim paid pronto. Visit our insurance center, and check our buying guide and Ratings