How can I get the homeowners insurance payout I deserve?

Answer by  DavidS (1517)

First you need to contact your insurance company representative. If you have a justifiable claim they should be able to help you with processing your claim and they should inform you what the process will be to get this completed.

Answer by  BlueButterfly (161)

Keeping an inventory of the items in your home as well as the home improvements you've made (and their cost) is the best way to guarantee a fair payout for a homeowner's insurance claim. Photos or a video of the interior of your home that clearly show the contents are a great way to support your claim.

Answer by  Rubberchicken (819)

In the event of a property loss, make sure to comply with all terms of your contract and cooperate with your adjsuter. Specifically, if you suffer a larger loss, quickly and thoroughly complete any inventory forms for all property you claim. Your insurer wants to pay you as much as the contract provides in the quickest amount of time.

Answer by  br657 (167)

It depends on your situation. Say your house burns down. If you are referring to possesions, proof of ownership is key. If you are talking about the structure itself, there's not much you can do. An adjuster will decide your compensation based on predetermined rates in the market today.

Answer by  tamarawilhite (17883)

If the insurance policy is based on repair cost or replacement cost, get several estimates for the repair or replacement work. Then contact the insurance company with your price information. You may have to use their recommended repair crew to have the work approved. You may also need a third party estimate of repairs.

Answer by  ganados (4)

Being proactive, maintaining its good standing and working with top professionals who have demonstrated their ability to get what is right over their careers

Answer by  mikki7200 (104)

You will need to have accurate receipts and estimates to cover the items that are being claimed. Get together all receipts for items, fill out the forms the insurance company sends you, return promptly. Don't be afraid to call the insurance company.

Answer by  Roland27 (16334)

Be persistent on getting a better payout if you think they're trying to give you a smaller amount than you deserve. Don't back down.