Picking up the pieces

INSURANCE | ADVICE

If you're dealing with loss or damage to your home, whether it's due to a weather event, home burglary or other unexpected event, you're likely to feel overwhelmed. When it comes time to file a claim with your home insurance, you don't want to encounter more stress in the process.

Navigating the claims process can be stressful, but it doesn't have to be. As soon as property loss occurs, you should consider contacting your home insurance company for help in filing your claim. Each insurance company has its own claim process that policyholders need to follow. Usually the sooner you can initiate a claim, the earlier you may be able to resolve the issue.

Here are steps to take after your home is damaged:

1 Help prevent further damage

While you are waiting for the situation to be resolved, you still have to manage your home. Experts suggest that you try to minimize further damage wherever possible. For example, if a tree fell on your home, make sure the parts of the home that are damaged are not likely to fall apart further. Check support beams and the roof to make sure they are secure until they can be repaired.

John Butkus, director of property claims for Country Financial, shares a few tips for homeowners to mitigate further damage. These include keeping your home tidy, boarding up shattered windows and covering holes with tarps. Butkus also recommends saving any receipts from basic repairs made, including the items purchased to complete them.

Nicole Shacket, a litigation attorney at Insurance Litigation Group, recommends that homeowners keep copies of any signed documents. "If you sign an agreement, work authorization or any type of document with a contractor, take a picture of the whole document with your phone. Know what you signed, when you signed, with who and for what."

2 File a police report, if necessary

When a home insurance claim involves a crime, such as theft or vandalism, it's important that you get the police involved. Contact your local police department to find out how you can file a police report. While the police may not find the perpetrator of the crime, they can help gather important details about the damage.

Insurance companies use the police report to get details about your claim and validate the information you give them. While most home insurance providers do not require that you file a police report, it can help shorten the claim process.

3 Contact your insurer

Experts generally recommend that you file a claim quickly, as it could impact how smoothly the process goes. David Adler, president and owner of Adler Insurance Group — an Allstate insurance agency in the Denver metro area — adds that verifying your policy's listed perils with your insurer could be an important step in the process.

"Ask them if this specific loss is covered under your policy," Adler says. "Get an understanding of your policy limits too and what your deductible costs will be. If your deductible costs more than the loss, it is likely not worth filing a claim for."

Many questions about specific losses and what to file under your homeowners insurance can be answered by speaking directly with your provider.

4 Document the damage and fill out a claims form

Document all damage thoroughly as soon as possible to give evidence of what has happened and what needs to be repaired. Documentation can include photos, videos and a list of items lost or damaged. Provide proof of ownership for any stolen items, if possible. Things like serial numbers, receipts of purchase or previous images of the items can help prove you owned the items.

After filing your claim, your insurance provider may ask you to fill out certain forms documenting the damage to your home or belongings. You may need to provide the following information:

„• Personal information, like your name and date of birth

„• Policy number

• Location of the loss

•„ Date of the incident

• Cause of the loss

„• Estimated loss amount

Many insurance experts also recommend submitting photographic and video evidence to support your claim.

5 Have your claim inspected

After your claim is submitted, the insurance company will usually send a claims adjuster to assess the situation in detail.

John Espenschied, owner of Insurance Brokers Group in Chesterfield, Missouri, has been helping homeowners and business owners with their insurance needs for over two decades. He offers a friendly word of expert advice to homeowners at this stage.

"If there was any damage done, make sure that the adjuster inspects the property with you present before writing up an estimate for damages," Espenscheid says. "Once they leave, their only source of information is going to be whatever paperwork they have from you. If anything was missed during their inspection, it could cause problems later on down the line when trying to get reimbursed for those items missing from their report."

Espenschied also encourages his clients "to make a list of any damaged items and don't be afraid to ask for a second opinion from an outside, independent appraiser."

Adler advises having a contractor of your choice present for the adjuster's inspection, as they might assist in voicing your concerns. In some instances, you may even want to hire a public adjuster. It usually takes a few days for your insurance company to reach out to schedule an appointment with its insurance adjuster, but if your area suffered widespread damage, the process could be slowed down.