With the winter and the Holiday Season already here, most of us look forward to spending those moments with family and friends, in warm homes with lit up trees and home cooked food. Sadly, for some, this holiday season will not be fondly remembered...
Home Inventory After a Loss – Why Work with a Professional Content Estimator Following a property loss, one of the most important factor to your claim success and full financial recovery, is accounting for all the damaged or lost items, and seeking proper reimbursement under your insurance...
An Examination Under Oath, also known as an EUO, is sworn testimony during the claim process at the request of the insurance company, that they employ to gather facts about the property loss and uncover insurance fraud. Held in the presence of a court reporter,...
From flooded basements, to burst pipes and to leaky faucets, water damage is one of the most common reasons people make claims on their home insurance. However, not all types of water damage are covered by a standard homeowners policy. Here’s what’s covered, what’s not...
Any reasonable expenses incurred because you lost the use of your home are covered under the “loss of use” provision of your homeowners policy. Covered expenses may include: temporary housing for your family, emergency replacement of essentials like clothing, medicine, food, rental cars, or gas...
Michigan Fire Claims, Inc., a leading public adjusting, property loss consulting and appraising company, opens new office in Maumee, to help Ohio homeowners and businesses negotiate the best possible settlement for their property loss claims. http://ohiofireclaims.com Maumee, OH (PRWEB) October 24, 2013 Michigan Fire Claims, Inc, a public...
Water damage is one of the most frequent types of property damage and property loss insurance claims. According to the Insurance Information Institute, water damage comes in second place for insurance claims frequency, and in fourth place for homeowner losses ranked by claims severity. Even a...
The Michigan Insurance Code mandates that all homeowner's insurance policies issued in Michigan have to provide, at minimum, coverage for the "actual cash value" of the lost property. Initially "actual cash value" or "ACV" was equivalent to market value. This sort of interpretation was later overturned...
Electrical fire risk is real. Every year, an estimated 28,000 homes have a fire of electrical origin. That represents about 14% of all fires, and property damages costing close to 1 billion. See more statistics about electrical fire, and what to do after an electrical...
According to the US Fire Administration, each year, there are about 26,000 home fires resulting in close to $1 billion in property losses, and more than 1000 injuries and deaths. The leading cause of electrical fires is wiring and its components, including old wiring, faulty...