Four Reasons Why Your Insurance Claim May Be Denied
Have you recently heard that your property insurance claim has been denied by your insurance company? Are you confused why your property claims in Polk County were denied? Whether you have made a mistake that can be fixed or whether your insurance company is in the wrong, you will want to get to the bottom of the reason why the claim was denied. These are some of the most common reasons that insurance companies can deny claims.
Too Much Time Passed
When you file an insurance claim, you need to pay attention to the time frame that you must file the claim. Read the fine print of your homeowners’ insurance policy so that you can understand how many days you must file any property claims in Polk County. Many insurance companies deny claims that are not filed within the allotted and written time frame. Avoid making this mistake by reading everything in your policy or asking for help from a professional as soon as you recover from the damages.
Not Enough Evidence
Insurance companies require adequate amounts of evidence to prove that they need to pay a certain amount of money to make repairs and replacements. Typically, insurance companies will work closely with adjusters to make proper estimates, collect videos, photos, receipts, and relevant documents. However, if they believe that the evidence does not provide enough information to make payments, your claim may be denied.
No Prove of Damage Mitigation
Many insurance companies want to see that you have taken the steps to prevent further damage from occurring once your property was initially damaged. For example, they want to see that you began to mitigate water damage by removing electronics and belongings during a flood. If they do not see that you prevented further damage, they may not pay out your claim. To avoid this, take all the steps that you need to protect your belongings and prevent any further damage, without putting yourself at risk in the process.
Damages were Policy Exclusions
Before you file your property claim, you need to have a clear understanding of your policy and its coverages. Another common reason that your insurance company may deny your claim is because the damages may not be covered in the homeowners’ policy. Read the fine print, hire an attorney, and work with the professionals to avoid making this mistake. Also, if you have suffered from multiple types of damages, your insurance company may deny your claim if one of the damages was not covered.
These are a few of the reasons why your property claims in Polk County may have been denied by your insurance company. If your claim has been denied and you want to try to file once again, consider working with our claims adjuster to help you with the process. Contact Five Star Claims Adjusting to hear more today.
