When dealing with insurance after a wildfire, there are several key things to know to ensure a smoother claims process and support your recovery:
Contact your insurer immediately and understand your coverage:
- Promptly notify your insurance provider about the wildfire damage to initiate the claim process.
- Review your policy details to understand your coverage limits, deductibles, timelines, and specific provisions for wildfire damage.
Beyond immediate contact and policy review, documenting everything is crucial. This involves taking detailed photos and videos of damaged property and creating a loss inventory. It’s also important to understand the claims process, including filing requirements and gathering necessary documents. Be aware of claim deadlines, which vary by state and insurer. Additional considerations include understanding wildfire deductibles and Additional Living Expenses (ALE) coverage. After the claim, review your settlement carefully and consider professional advice for disputes. Beware of scams by only working with licensed contractors and being cautious of large upfront payments. Notify your mortgage lender and explore loan forbearance options if needed. Keep thorough records of all communications with your insurer. If you are applying for or receiving FEMA or SBA assistance, get to know their programs and make sure you do not have duplication of benefits that will result in pay back. In preparation, look up licensed insurance agents and companies on the WA Insurance Commissioner’s website to find insurance.
More Information:
- National Association of Insurance Commissioners
- United Policyholders Disaster Recovery Help
- Tips for Managing Insurance and Recovery After Wildfire
