Home insurance can give you peace of mind as the insurance provides cover to counteract the unforeseen damage; your home might get for strange reasons
. The insurance company would charge a premium and would be ready to write compensation cheque as and when required. But it seldom happens that policy holders get property loss claims without dragging the insurance companies to court.
It is a bitter truth that insurance companies work for earning premium and not for providing compensation. Giving compensation is considered as loss to the company and for this reason the insurance companies try to rebut the claim on one pretext or another. They hire adjusters that inspect the damage and assess the compensation amount. But the adjusters work in the interest of the insurance companies and not the policy holders.
For property loss claims, one should take help of experienced lawyers, who know how to prepare claim applications, assess the damage and pursue the matter with insurance companies and their adjusters. If there is little damage and small compensation to be paid, the insurance companies might accept the claim but if the home is completely damaged then the insurance companies might try adjusting the claims.
An adjuster is a professional entrusted with the task of assessing the damage to a property. The adjuster assess the damage and determines, whether the damage is covered under the insurance or not. Most of the times, the adjuster adjusts the assessment in favor of insurance companies. You can say that the insurance companies and the adjusters work hand-in-hand to fool the policy holders.
A home insurance policy holder should move his claim application through an attorney, who has experience in dealing with home insurance claims. The first thing a policy holder should understand is that the insurance company is not going to believe on his story. The company would first find faults in his story to rebut the claim. If the policy holder is telling the truth then the insurance company would try to save the compensation by saying that the damage is not covered. In this situation only a property loss claims attorney could help.
Getting property loss claims is not that difficult, if you start right. Applying for compensation is a legal matter and you simply cant write a claim application without understanding the law. You have to mention the clauses connected that make you eligible for compensation. Your insurer wants to hear right words from you.