Homeowners Insurance in Blue Island, IL

Homeownership can come with both joy and responsibility. Amid the excitement of decorating, gardening and hosting gatherings, there’s also the reality of unexpected events—storms, fires or theft—that can damage your home. When faced with these situations, homeowners insurance can be your financial safety net. But filing a claim doesn’t necessarily make sense in every situation.

When to File a Claim

When it comes to homeowners insurance, knowing when to file a claim can be challenging. Use the following considerations to make an informed decision:

• The cost of damage is beyond your means. If the damage exceeds what you can afford to pay out of pocket, filing a claim is advisable.

• The cost is significantly above your deductible. It’s usually worth filing a claim when the damage surpasses your deductible.

• Understand how the claim will impact your premiums. Making a claim can sometimes lead to an increase in your insurance premiums. Evaluate whether the potential payout justifies any premium increase.

How to File a Homeowners Insurance Claim

Here are six general steps associated with filing a home insurance claim:

1. Contact the police. If a crime has occurred (such as burglary, theft or vandalism), call the police first. They will provide a police report, which your insurance company may require.
2. Notify your insurance company. Immediately contact your insurer after the incident to file your claim. They will assign a claims number and an insurance adjuster to your case. Be prepared to describe the damage and provide relevant documentation.
3. Document the damage. Take photographs and videos of the damage. Detailed notes will help you provide documented proof to your insurance company. If a theft has occurred, create a list of missing items.
4. Cooperate during the claim investigation. Follow any directions given by the adjuster. You may need to allow inspections, provide documentation or submit to a direct examination under oath. Prompt cooperation can expedite the process.
5. Make temporary repairs. If necessary, make temporary repairs to prevent further damage. Inform your insurer about these repairs. Document the damage before making any permanent repairs.
6. Keep all receipts for repairs. Save receipts for any repairs or replacements. These will be essential for reimbursement.

Homeowners Insurance in Blue Island, IL

Contact All Insured Insurance Agenc to discuss your homeowners insurance needs. We can review the claims process with you to make sure you know what to do if disaster strikes.