Choose a Restoration Company and Contact your Insurance Company
– Choose a restoration company to take care of you every step of the way
-Call your insurance company and report your fire loss
Get Your Family Settled
If your home is not fit to live in, you should find a place to stay with family or friends, or arrange to rent a living space.
– Repairs for fire damaged homes can take days, weeks, or even several months.
-Some insurance policies pay for additional living expenses up to a certain amount (usually 10% to 20% of the coverage on the home)
-Consult with your adjuster
Protect Your Property
You must provide “reasonable care” to protect your remaining property in order for your insurance policy to remain in effect.
-We can help you with this process.
Make A Home Inventory
Itemize everything that has been damaged, room to room.
-List even the most insignificant items.
-Do not throw anything out until you have agreed on a settlement.
-Be as detailed and accurate as you can with your inventory.
– Cite when you bought the item, what it cost and what it will cost to replace.
-Under many homeowner policies, you are entitled to full replacement for structural damage up to the coverage on your policy, provided your policy was for at least 80% of the replacement value of your home.
What If You Disagree With The Insurance Company’s Offer?
You are not bound to accept the insurance company adjuster’s evaluation.
– First, discuss the matter in detail with the adjuster. If you still disagree, turn the offer down and request that the amount of the loss be set by “appraisal”
How About Payment?
The insurance company will send a check once you have agreed upon the amount and signed the agreement offer.
-If extensive home repairs must be made, the company may withhold a portion of the settlement until this specific construction is completed.
– If your home is mortgaged, the settlement check for the structural repairs may be made out to both you and the lender.
– Often the lender will sign the check over to you outright, but be sure to consult with the lender about this.
Documents & Records
Here is a general checklist of documents you will need to replace if
they’ve been destroyed.