claim supplements is a claim for additional repair or replacement costs.
Supplements are commonplace in the claims process. However, if you are a
policyholder unaware of your policy rights, you could be walking away
from hundreds or thousands of dollars that you are entitled to collect.
Claim supplements usually occur after a policyholder submits a claim, gets
paid and gets the repairs or replacements completed. Then, additional
damage is discovered some time later.
Many people erroneously think that, once the claim is closed, it cannot be
re-opened. And, insurance companies and their adjusters usually don’t rush
to tell you how to submit a claim supplement. So, what to do? Let’s look at
car insurance claims and property insurance claims.
For any kind of supplemental claim, you must contact your insurance
company and give them your original claim number. The best way to notify
the company is in writing, sent Certified Mail. That way, you’ll know who
signed for the letter. The insurer will have to re-open the claim. You might
get the same adjuster as before, but maybe not. replacement costs
Car Insurance claim supplements
Lots of supplements happen when cars are getting repaired. Many times,
hidden damages are discovered when the body shop begins dismantling the
car. So, while the insurance company may have issued payment to the body
shop from the original repair estimate, they will issue a second check for
the supplemental repairs. Happens all the time, no big deal.
However, sometimes post-repair problems don’t show up right away. A
good example is the Air Conditioning system. If you have a car wreck in
July, you might not notice that your heater is malfunctioning until fall or
winter. But when any damages are discovered that can be directly related
to the original insured loss, you can submit a supplement. Simply document
the damages and their cause and send the supplement to the insurance
company. No additional deductible is assessed, since you already paid it once.claim supplements
Property Insurance Supplemental Claims
Homeowners, Renters or Business insurance claims can find a need for a
supplemental claim for some of the same reasons found in car insurance
claims. Seasonal issues can bring up damages related to the original loss.
But, some other issues might present themselves. You may have an expert’s report that shows additional damage attributable to the original loss. Your contractor may have found hidden damage that must be repaired. In any event, carefully document your claim and submit it to the insurance company.claim supplements
Be sure that you are collecting all the money you are entitled to collect. Use supplemental claims whenever your claim requires it.
If you have experienced a property loss, whether fire, wind, flood or other, you need to know winning insurance claim strategies. The insurance company will not tell you the claims process, but I will. I will show you how to take control of your insurance claim, and add hundreds or even thousands more dollars to your claim settlement. For more information, go to the website listed below.replacement costs