Residential Claims

Our homes are not only the largest investment in our life, but it’s an emotional attachment to the memories and personal possessions that solidify our lives. When damages happen the immediate obligations are to family and employment, not to making decisions for insurance purposes under duress.

We work diligently with homeowners in every step

The burden of proving the residential claim is up to the homeowner, not the insurance company

Having the knowledge and skill set to address the claim enables homeowners to make sound decisions that is best for them. Homeowners should know their loss options and duties under the insurance policy.

Taking the emotional attachment from the process is key to successfully navigating the claim process

Our homes are not only the largest investment in our life, but it’s an emotional attachment to the memories and personal possessions that solidify our lives. When damages happen the immediate obligations are to family and employment, not to making decisions for insurance purposes under duress.

Make sure your claim value is being documented and presented properly

Homeowners look to our firm as a resource to ensure their policy benefits are received and interest is protected. Properly and accurately presenting damage claims is your duty, not the insurance company. Make sure your claim value is being documented and presented properly. Meeting with insurance company representatives, experts and contractors is a necessary step in the process.

FAQ

Common residential claims questions

Replacement Cost Value (RCV) means replacing with materials of like kind and quality.

Actual Cash Value (ACV) is defined as replacement cost less depreciation.

Depreciation means a loss of value due to wear, deterioration, or obsolescence.

Additional Living Expenses (ALE) / Loss of Use is defined as expenses that would not have occurred had the loss not taken place. These are expenses over and above the normal expenses.

Total Loss is a loss that completely destroys or renders useless the insured property or completely exhausts the applicable insurance limit.

Direct Physical Loss – resulting immediately and proximately from the occurrence and not remotely from some other consequences or effects thereof.

Do you have any other questions?

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