30 Dec Filing An Insurance Claim For Your Small Business
If you own a small business, you’ve probably wondered how to file an insurance claim. Many owners, probably like yourself, have never filed a claim for their business, so there’s no reason to be afraid. Below we will show you easy steps and things to remember if you ever find yourself in such a situation.
Immediacy
Always report your claim as soon as possible, as you want to avoid additional charges of damages to the property. Also, the faster you file your claim, the faster the whole process and paperwork will be done. Remember that once your initial paperwork is done, the insurance company and involved parties can start the investigation. In other words, the faster the better.
Track Damages
Although a claims adjuster will visit your property to assess the damages, make sure you keep a list of losses of your own. This will come in handy if there are discrepancies or want to help support your insurance claim if it runs into any problems. Additionally, you can document the damages with pictures of the property and get written statements from anyone that witnessed the damage to your business.
Know Your Policy
You might already be familiar with parts of your small business insurance policy, but when an incident happens, make sure to re-examine it. Become familiar with the small print and any section that might affect your claim. This will make things a lot easier when discussing coverage and limits with your insurance company.
Help Them Help You
Always work with your claims adjuster so the issue can be resolved quickly. Facilitate whatever they need to ensure the process is smooth and fast. Also, make a list of any questions regarding the incident and stay in contact with your adjuster. The last thing you want is to be left in the dark with questions and doubts on how the process works.
Stay Calm
Once you have the basics covered, remember to always stay calm. At this point, you should remain confident so you can make the best decisions for you and your business. Sometimes the process can be time consuming and lengthy, but remember there are a lot of things insurance companies need to review before your claim gets solved.
Remember to contact AWS Insurance to find out what business insurance can do for you. Our experts have extensive experience working with businesses to uncover potential risks that you may be facing and maximize asset protection.
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AWS Inc serves the state of Louisiana by providing protection for your home, business, or family with affordable plans in property insurance, liability insurance, life insurance, car insurance, and flood insurance from our Metairie, LA office. Our corporate clients can rest assured that our dedicated advisers at AWS Risk Management, LLC will help you implement workable solutions that achieve maximum asset protection with minimal cost of risk to your company.
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