Property Damage Losses Commercial Property Claims Recovery Process
There are a number of steps that must be followed with strict timelines to prevent additional damage or a denial of your commercial property insurance claim.
Step 1: The Safety of Your Employees & Customers
Your priority is making sure your employees are safe and then taking care of your customers.
Step 2: Contact a Public Adjuster
Our team meets with you at a time and location that is most convenient for you.
Step 3: Thorough Review of Your Policy
Our team conducts a comprehensive review of your policy, noting any endorsements, coinsurance requirements, limitations, and other options.
Step 4: We Take Care of All Insurance Claim-Related Needs
We will:
- Meet your insurance company representatives, including the insurance company adjuster, building consultants, engineers, and investigators, onsite.
- Investigate and determine the scope of damage and prepare a detailed estimate of the repairs.
- Prepare a detailed inventory of contents lost and destroyed.
Step 5: Negotiations & Final Settlement
We negotiate a fair and just settlement that accurately reflects your total property damage, business interruption and extra expense losses.
Step 6: Restoration of Property
You should not proceed with permanent work until you have an agreement with your insurer. If replacement cost coverage applies, the actual repair and rebuild decisions will affect your claim recovery.