Because homeowners insurance claims stay on your comprehensive loss underwriting exchange report (CLUE) for up to seven years, it’s important to know when to file a claim. This CLUE report helps insurance companies determine your risk and can lead to increased premiums. Here’s what you need to know about whether or not to file homeowners insurance claims in West Palm Beach.
File Homeowners Insurance Claims in West Palm Beach for Bigger Losses
For big losses, especially damages that affect the livability of your home, consider filing a claim. If the cost to repair your home is expensive and exceeds the deductible, chances are you should file a claim to compensate you for the loss. Multiple filings for small losses is a red flag to insurance companies, so if the loss is small and can be paid for without a claim, consider doing so.
File for a Total Loss
If your home is uninhabitable following an event, it’s time to file a homeowners insurance claim. Remember, keep receipts and records for living expenses incurred while you are unable to live in your home. Your insurance compensates you for loss of use expenses.
Consider The Amount of Time Since Your Last Claim
The CLUE report helps companies determine your premiums or whether to offer you coverage at all. Avoid filing a claim if you’ve filed one in recent years, especially if the cost of the repair can be covered out of pocket.
Hire A Public Adjuster for Homeowners Insurance Claims in West Palm Beach
A public adjuster works for you to handle all aspects of the claim so the process goes smoothly and results in better, faster compensation. If you’re struggling with the ins and outs of filing a homeowners insurance claim, a public adjuster helps.
Do You Need Help with Your Claim?
The public adjusters at Darryl Davis and Associates are skilled professionals that know what it takes to get a claim filed right the first time, obtaining the best possible outcomes for our clients. If you’ve got questions about the process and want professional assistance, contact us today at 954-709-3982.