What is the homeowners insurance claim process?
These aren’t dumb questions! Here is the exact process for a water claim. Now, it will matter on your insurance company, and I will highlight those items. 1) Water loss occurs, you file claim. 2) Adjuster comes out, previews the damages. If you need a dryout company, this can be discussed wit the adjuster. 3) Dryout occurs and is completed. 4) Adjuster comes back to look at the damage. This is necessary because more items may have been damaged than originally thought. 5) Adjuster prepares an estimate of the damages. 5a) Adjuster may ask you to locate a contractor and have the contractor prepare an estimate. 5b) Adjuster may recommend a contractor. 6) Payment is made to you for the amount of repairs minus deductible – depreciation. 6a) If the check is large enough, and you have a mortgage, the check may be made out to your bank as well. 6b) In extremely rare cases the check may be made out to you and the contractor. 7) IF you have a replacement cost policy, and once the repairs are comp
