I just discovered my property was damaged in Tinder Fire, what do I do?

After evacuation and finally being allowed back to your property, you discover you were one of the unlucky ones whose property was damaged.

A fire is one of the most devastating natural disasters anyone can endure.  As Public Adjusters, we have comforted and handled many clients like yourself.  After the devastation is recognized, its time to start processing your claim and preparing to rebuild your property.

Your first call to a Public Insurance Adjuster can be one of the most important calls you will make.  The Public Adjuster’s job is to analyze, estimate, and document your loss. Then, we negotiate your best settlement with the insurance company.

Many people don’t know this industry exists and think, “Oh, my insurance company will take care of me.”  What individuals don’t recognize is that the insurance company’s adjuster works to protect their interests. It is in your best interests to have someone professionally representing yours.

Upon calling a Public Adjuster, there should be no charge for a consultation.  The Public Adjuster is paid a percentage of the settlement.  Generally, 10% is a reasonable charge, though some circumstances warrant a different rate.

AJR Public Adjusters have represented policyholders over the years with fires similar to the devastating ones that have taken properties in the Tinder Fire.  Our 30+ years of experience and 21 A+ Arizona Better Business Bureau reviews are two of the reasons to give us a call first to find out how we can help you.  Our company is run by husband/wife team of Bruce and Stacy Horowitz,  and with other professionals (such as contractors) utilized at our discretion. We act with the idea of putting the best foot forward for insurance negotiations.

 

AJR Public Adjusters==602-795-5227==info@betterclaimresults.com

 

When do expenses become Incurred?

Policyholders many times wonder when they are eligible to receive reimbursement above ACV in their claim?

ACV is the Actual Cash Value that is initially agreed upon in the claim.  There is a holdback which is a known figure to the policyholder.  Generally, the policy states this figure must be incurred.  As explained in the attached White Paper, incurred begins when a contract is signed with a builder to repair the property.

Hence, holdback money should be released upon providing a valid contract with a licensed builder.

This is the scenario in the best of circumstances.  As a note, even though this is the definition for this wording, many times Insurance Companies do not follow this thought process.

It is helpful to always know your rights and responsibilities.

Public Adjusters are licensed by the state and well versed in the area of claim recovery and can assist with this and other issues relating to your claim.

When are Expenses Incurred.pdf

 

Monsoon Season in 10 days. Here is updated information regarding storm damage

Sometimes properties can get hit by more than one storm during a Monsoon Season.  Questions arise about claims and how they need to be properly filed for full reimbursement.

When damage occurs a second time to a property that has not been fully compensated for the first loss, no new claim needs to be opened.  The subsequent damage is added to the original claim, as the insurance company had not satisfied their duty to the insured prior to the second storm.

Information below from National Underwriters verifying this statement.

fullsizeoutput_9fccShould your property suffer damage this Monsoon Season,  AJR Public Adjusters available to assist with full recovery from insurance company for all your losses.

Call AJR first to ensure your interests are properly represented.  602-795-5227

How To Protect Your Home From Water Damage

Given our current Monsoon Season, here are some tips from the Insurance Information Institute regarding preventing water losses to your property.  Try to take precautions now to prevent water damage to your property.

Below is an example from a client of AJR who suffered water damage and a picture of the ominous looking clouds we are experiencing in the Valley right now.

Water damage is one of the most common and costly disasters affecting U.S. residences, accounting for billions of dollars in losses to homeowners and renters annually. However, consumers can protect themselves with the right amount and type of insurance coverage.

Source: How To Protect Your Home From Water Damage

Another 5 STAR Review via YELP for AJR PUBLIC ADJUSTERS

Read what our clients are saying on YELP.

The next time you find yourself with an insurance claim, Call AJR first.  We will help you report your claim.  Our involvement ensures you will receive all that you are entitled to in your policy while we maximize your claim $.

Why settle for anything but THE BEST?

Call Arizona’s Best Public Insurance Adjuster with your next claim.  602-795-5227

Another 5 STAR review for AJR

5 STAR review via Facebook

ANOTHER ONE FOR THE BOOKS

Once again AJR has assisted and helped a policyholder with an insurance claim to maximize their recovery.  There is no greater compliment than having clients wanting to let others know about their great experience.  We thank you.  Happy Holidays.

Is Wind Driven Rain Covered Under My Homeowners Policy?

As Monsoon season has passed here in Arizona, we at times still are experiencing rains of significant proportions.  Clients have recently asked us about damage that has occurred over the years due to Monsoon Seasons.

A HO policy 00 03 05 11 with and endorsement of HO 32 32 06 12, states that  constant repeated discharge, seepage, or leakage of water excluded.  This coverage pertains to repeated wind-driven rain that causes hidden damage, mainly rot, and water damage to insulation that cannot be seen.

There is an exception for mold that is hidden behind walls that applies to water caused by heating, plumbing, air conditioning system, sprinkler system, or household appliance, or storm drain or water steam/sewer pipes off premises.  The endorsement excludes water caused by repeated seepage or leakage.  Wind driven rain is not repeated leakage or seepage, it is forced by the wind.   Wind-driven rain is excluded under the water exclusion.  Therefore this is not a covered loss.

via Summit Business Systems.