Maybe you were in a car wreck. Maybe you’re looking to cash in early on your life insurance. If you’re hoping for a payday from your insurance company, you’re going to need a lot of patience when you file your claim, so use these tips to avoid an even deeper headache.
1. Hire a Public Adjuster
Your very first stop should be contacting a public adjuster. The insurance world is a labyrinth of laws, policies, claims, settlements and case files, and you’re going to need a professional to help you through it. While you could talk to a lawyer, not all insurance claims need to go to court, so a list of national public adjusters would serve you better.
2. Gather Your Paperwork
A paper trail is your greatest asset when making an insurance claim. Gather any and all of the following:
– Accident reports
– Witness statements
– Medical bills
– Expense forms
– Insurance policy information
The more paperwork you can gather, the more you’ll be able to prove your side of the story to the insurance company. Don’t worry about collecting too many documents. Your public adjuster will help you sift through what’s relevant and what’s not.
3. Get a Timeline
While there’s no way of knowing for sure how long it will take to process your claim, it’s always a good idea to get an estimate. It will keep your eyes on the prize as you move forward. Just understand that it’s quite common for insurance companies to take a long time with paperwork, so “it should only be one more week” will be a common refrain.
4. Double-Check Everything
Copying the wrong name can delay your claim for weeks. Putting down the wrong date can wrap your claim in a sea of red tape. Make sure you double- and triple-check everything in your paperwork, even if that means hassling the insurance company for information or paying for an extra hour with your public adjuster. You don’t want to miss out on a settlement just because you were too sleepy to notice an error in the documents.
These are just a few things to keep in mind as you file a claim with your insurance company. If you deserve money for something that happened to you or your belongings, use these tips to get the compensation you deserve.