Trending...
- Alaska: Child Care Provider Day
- Honorary Oscar-Winner Charles Burnett brings his award winning film on COVID-19 / Black Hollywood to the Prestigious Pan African 2021 Film Festival
- In a year of recession, Lantek closes 2020 with record sales figures and customer numbers
Policyholders Survival Report for "Largest Insurance Claim Event In History"
AUSTIN, Texas - AkGlobe -- As Texas thaws from severe winter weather, including snow, ice and freezing temperatures, insurers are facing hundreds of thousands of claims filed for significant property damage to homes and commercial properties. In 2019, the Insurance Information Institute reported $2.1 billion in insured losses caused by winter storms, 2021 will likely exceed $19 billion.
The good news is that most insurance policies cover damage caused by snow and ice. However, understanding your policy and avoiding disputes between insurance carriers and policyholders concerning what an insurance policy covers and what is excluded can be complex.
"Our advice," say Insurance Claim Recovery Support CEO, Scott Friedson, "is review your insurance policy to determine your specific coverage. Some areas of damages often covered by residential or commercial property insurance policies due to snow and freezing ice conditions may include water damage, pipe bursts, business interruption, building or roof collapse and ice dams."
More on AkGlobe News
Virtually every region of Texas has been hit which could make this storm the most expensive in U.S. history. "The honest truth about insurance claims," say Public Insurance Adjuster Friedson, with over a decade of experience settling large loss insurance claims, "is that Policyholders bear the burden of proving their claim while Insurer's have a duty to indemnify the insured in good faith. You can hope or you can plan but either way, if you have a claim, your insurance company's representatives will adjust your claim, 'their way'".
Engaging a trustworthy Public Insurance Adjuster at the beginning of the claim process can make a big difference. Click here for more information on what you need to know about coverage and exclusions on your Winter Storm Damage Insurance claims.
<iframe src="https://www.slideshare.net/ScottFriedson1/slideshelf" width="615px" height="470px" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" style="border:none;" allowfullscreen webkitallowfullscreen mozallowfullscreen></iframe>
The good news is that most insurance policies cover damage caused by snow and ice. However, understanding your policy and avoiding disputes between insurance carriers and policyholders concerning what an insurance policy covers and what is excluded can be complex.
"Our advice," say Insurance Claim Recovery Support CEO, Scott Friedson, "is review your insurance policy to determine your specific coverage. Some areas of damages often covered by residential or commercial property insurance policies due to snow and freezing ice conditions may include water damage, pipe bursts, business interruption, building or roof collapse and ice dams."
More on AkGlobe News
- Florida small town festival ranks Top 50 BEST in nation
- Delray Beach Branding Agency Celebrates Women in Business on International Women's Day
- Digital Cash Processing, Genmega Partner to Deliver Next Generation ATM Functionality
- Nationally Syndicated Radio Show "Radio Bassment" Launching Daily Programming 7 Days a Week
- Alaska: Governor Dunleavy Remembers Former Rep. Bud Fate
Virtually every region of Texas has been hit which could make this storm the most expensive in U.S. history. "The honest truth about insurance claims," say Public Insurance Adjuster Friedson, with over a decade of experience settling large loss insurance claims, "is that Policyholders bear the burden of proving their claim while Insurer's have a duty to indemnify the insured in good faith. You can hope or you can plan but either way, if you have a claim, your insurance company's representatives will adjust your claim, 'their way'".
Engaging a trustworthy Public Insurance Adjuster at the beginning of the claim process can make a big difference. Click here for more information on what you need to know about coverage and exclusions on your Winter Storm Damage Insurance claims.
<iframe src="https://www.slideshare.net/ScottFriedson1/slideshelf" width="615px" height="470px" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" style="border:none;" allowfullscreen webkitallowfullscreen mozallowfullscreen></iframe>
Source: Insurance Claim Recovery Support, LLC
Filed Under: Business
0 Comments
Latest on AkGlobe News
- Alaska: Governor Dunleavy Remembers Former Rep. Bud Fate
- Juneau: Increased avalanche risk along Thane Road (Feb. 27-28)
- Juneau: Local COVID-19 testing lab opens at Bartlett Regional Hospital
- Multi #1 International Best-Selling Author Jennifer S. Wilkov Hosts the Sold-Out The Next Bestseller™ Workshop Virtually for Writers
- Juneau: With heavy snow and rain in the forecast, avalanche danger will rapidly climb this weekend
- Equipment Source, Inc. Offers Superior Snow Removal Equipment for Spring
- Tracy S. Williams, Wife of Pro Football Hall of Famer Aeneas Williams, Talks Sex and Relationships in Her Debut Book: THE GARDEN EXPERIENCE
- Sugaring: The Green Juice of Hair Removal
- Alaska: Child Care Provider Day
- Ideanomics Announces Its Membership in CALSTART
- Concerned Citizens of South Central Los Angeles Send Open Letter To Biden Administration
- CBJ reports five new COVID-19 cases in Juneau
- Juneau Voices Audio Walk launches March 4; public invited to virtual event
- Sandline Global Fortifies World-Class Executive Team: Glenn Hopper Joins as Chief Financial Officer
- Syxsense Announces Integration with Microsoft Office 365
- Launch of Trace One E-Sourcing Will Boost Retailers' Private Label Speed to Market
- Thru-hikers Launch New Nature Streaming TV Channel for Nature Lovers
- CBJ reports three new COVID-19 cases in Juneau
- Juneau: Sign-up for upcoming clinic opens tomorrow, Feb. 25, at noon; state expands current eligibility
- Alaska: Governor Dunleavy Tests Positive for COVID-19