Claim For Insurance - How Is Claim Processed
The Claim Process Made Simple
Insurance is created to either repair or replace your property or vehicle if they suffer unexpected major damage or loss. However, some people use their insurance to fix all kinds of issues regardless of whether it is necessary or not. While that might be fine, remember that filing a lot of minor claims may raise your annual premiums, so before you contact your insurance company asking for financial aid, there are some crucial things that you need to consider.
Claiming for Insurance
It is also important to remember that by filing for a claim you might also lose the chance of getting a No Claim discount. Many companies offer No Claim Discounts when you don't file for insurance, but it will all depend on the number of years that you go on without making any claims.
Before claiming for insurance you should ask yourself whether the damage can be easily fixed. Some damages are small and safe and by fixing them yourself or hiring a handyman on your own you might prevent an increase in insurance premiums.
However, if it's inevitable and the damage requires professional repair, we are still here to facilitate your claim process.
Before Filing an Insurance Claim
Ensure your safety
The first thing you want to do when damage has occurred is to ensure your safety and that of the people around you. Prevent the incident from posing a safety hazard.
Prevent further loss
Before calling your insurance or broker you will also want to prevent the damage from becoming larger. Insurances might deny you coverage for unreasonable further loss. Meaning that if you did nothing to stop the damage from becoming larger when it was easy for you to do so, the insurance might believe it was done on purpose.
Record proof of the incident
Once the damage has been stopped, it's time to annotate the losses and take a few photos and or record some videos to help strengthen and facilitate the investigation process of your claim. You can electronically record your losses and use your camera or smartphone to get the job done.
Filing an Insurance Claim
Call the insurance claim department.
- The insurance company will set up a specific adjuster for your case. It might take 30-40 min for them to collect all your information and details of the accident such as time, location, what happened, reason & etc. At this point, the insurance company will also mail the insured a letter called proof of loss that needs to be filled and sent back.
Searching and Investigation
- After providing all your details and agreeing to go ahead with the claim, the adjuster will then suggest what you should do next. This can include providing you with a list of possible contractors or repair shops you might want to consult for estimation repairs. At this point, the insurance company might also send a specific person to investigate the damages claimed.
The policy is fully reviewed
- . The insurance gets an estimate of the cost to repair the damages, and after taking your deductible payable and your policy details into account they might provide you with some options. Usually, at this point, you can negotiate with the insurance company about the compensation. For instance, you might want to take the money to fix the damages on your own or work together with the insurance company to fix everything.
- Once all the requested information is provided, the proof of loss is sent back to the insurance company, they will finish the compensation part.
Intact Claim Number
1 866 464-2424, Hours: 24/7