BP Oil Spill Claim - How to Get Compensation From BP Oil Spill Incident

BP Oil Spill Claim - How to Get Compensation From BP Oil Spill Incident

20th April 2010 was a horrible day for British Petroleum (BP). This oil and gas giant has been forced to admit its mistake in causing the Deepwater Horizon disaster and now this company is taking its responsibility to compensate all the workers and business owners for the loss of income, wages and revenue. Being one of the victims of this incident, what should you do to get your compensation?

First of all, you need to find out whether you are really eligible for the BP claim. Basically, BP has grouped the compensation into 3 categories, i.e. loss of income claims, property damage claims and bodily injury claims. Which one do you fall under? Next, you need to get ready the related documents to support your claim. I have summarized the required documents as below:

1) For loss of income - You need to provide your pay stubs for the past two months and the W-2 forms for 2009 if you are an employee. However, if you are a business owner, you need to prove your profit and loss statement for 2009.

2) For property damage - You need to provide the detailed information about your asset

3) For bodily injury - You need to submit your medical bills and letters from hospitals

After collecting the necessary documents, it is time for you to submit your claim form. The submission can be done through internet or through phone calls. Both ways enable you to reach BP claim office easily. I am going to share with you the procedures of submitting claim online.

Step 1: Go to the official website of BP. You can find it easily by performing simple search.

Step 2: Complete the online form by providing all the necessary information such as your full name, address, contact number, occupation, social security number, the location of loss (if any), and so on.

Step 3: Submit the claim form and wait for the response from BP claim office.

Step 4: The representative from BP claim office will contact you within 3-4 days to verify your claim

Step 5: You will be receiving your interim payment after the BP adjuster has evaluated your losses

Step 6: The final payment will be made to you after a thorough investigation is completed.

You will be going through the whole process as what I have mentioned above. Frankly speaking, many people are paying full attention on BP to ask for compensation. In fact, there are other parties who are able to provide financial assistance to you. For your information, individuals and businesses who are suffering from this oil spill disaster can obtain Federal assistance to overcome their financial hardships. Currently, there are a few types of financial assistance provided by the government such as nutrition programs, business disaster loans, unemployment insurance, etc.

Being the victims of this incident is unfortunate but don't worry, life will become better soon.

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