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  • Writer's pictureJosé R. Hernández

File an Ironclad Renter’s Insurance Claim

Updated: Oct 5, 2022

The old saying "an ounce of prevention is worth a pound of cure" definitely applies to renter's insurance claims. By taking a few basic steps and ensuring that you have accurate documentation, you can drastically improve your chances of getting your claim approved. In addition, the sooner you file, the easier it will be to collect evidence and track down witnesses. Going through the following simple tips increases your chances of getting your renter's insurance claim approved.

Tell your landlord

Even though landlords won't be involved in claims filed by tenants to their insurance companies, tenants should notify them for a few reasons. For one, the landlord likely has insurance that covers the building. In addition, most landlord policies contain language that requires the tenant to notify the landlord of any damage to the property. By informing the landlord, the tenant can avoid any potential legal problems down the road. Lastly, it's just good communication between landlord and tenant. The landlord will appreciate being kept in the loop, which could help build a good relationship.

Talk to your insurance company

When you experience damage to your home or property, you must talk to your insurance company before filing a claim. The insurance company can tell you what is covered under your policy and what you must pay out of pocket. They may also have recommendations for contractors that can help you with repairs. Filing a claim can be a complicated process, but your insurance company will be able to walk you through it and answer any questions you have. By talking to your insurance company first, you can be sure that you are taking the necessary steps to protect your home and property.

Document your losses

When filing a renter's insurance claim, it is essential to document all losses thoroughly. This documentation will help the insurance company determine the extent of the damage and what needs to be replaced. A previously created home inventory would be beneficial. It will also help ensure you are reimbursed for all eligible expenses. Without documentation, the insurance company may deny your claim or only provide partial reimbursement. Therefore, taking photos or videos of all damage, keeping receipts for all repairs and replacements, and documenting any other losses are essential. By taking these steps, you can help to ensure that your claim is processed quickly and efficiently.

File your claim

After filing a renter's insurance claim, the insurance company will send an adjuster to inspect the damage. The adjuster will assess the cost of repairs and give the policyholder a check for the covered amount. If the policyholder has a replacement cost policy, the final amount will be for the replacement value of the damaged items. The policyholder can then use the money to repair or replace their belongings.

Update your inventory

A home inventory is a list of all the items in your home, including furniture, appliances, electronics, and other valuables. Not only is a home inventory necessary for insurance purposes, but it can also be helpful if you ever need to file a police report or make an insurance claim. In addition, a home inventory helps to prove what you own if your home is damaged or burglarized. If you don't have a home inventory, you may have difficulty getting compensated for your losses. That's why it's essential to regularly update your home inventory to reflect what you own accurately. Finally, by taking the time to create and maintain a home inventory, you can protect yourself and your belongings in the event of an emergency.

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