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Advice

Negotiation Tips During an Insurance Claim

July 16, 2018 CARe, Inc.

It can be said that the entire claims process is one big negotiation, but at some point, hopefully after you’ve…

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Posted in: Insurance/Recovery Tips Filed under: claim, negotiating

What is Underinsurance?

CARe, Inc.

Underinsurance is when you don’t have enough insurance to cover your loss. Underinsurance is a legal issue as it is…

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Posted in: Insurance/Recovery Tips Filed under: underinsurance

What is a Scope of Loss?

CARe, Inc.

Each part of your loss requires a different type of documentation. The documentation for the loss of your house is…

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Posted in: Insurance/Recovery Tips Filed under: dwelling coverage, scope of loss

Recorded Statements Following a Loss

CARe, Inc.

What should I do if my insurance company asks for a recorded statement during the claim process? While you have…

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Posted in: Insurance/Recovery Tips Filed under: recorded statement

Loss of Use: Reimbursement When Staying With a Friend or Relative

CARe, Inc.

Can my insurance company reimburse my friend or relative using my ALE Coverage? I had a survivor ask a question…

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Posted in: Insurance/Recovery Tips Filed under: additional living expenses, ale, loss of use

Debris Removal Tips after a Total Fire Loss

CARe, Inc.

Following a total loss of your house following a fire, most people assume that the first thing you should do…

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Posted in: Insurance/Recovery Tips Filed under: debris removal, fire, total loss

Initial Steps for a Successful Scope of Loss

CARe, Inc.

Each part of your loss requires a different type of documentation. The documentation for the loss of your house is…

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Posted in: Insurance/Recovery Tips Filed under: documentation, dwelling, house, scope of loss

RCV, ACV and Depreciation Defined

CARe, Inc.

Following an insured loss, there are many new terms you’ll be introduced to. Three of those terms are Replacement Cost Value…

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Posted in: Insurance/Recovery Tips Filed under: Actual Cash Value, ACV, depreciation, RCV, Replacement Cost Value

Tips for Creating a Personal Property Inventory

July 15, 2018 CARe, Inc.

Following an insured loss, your insurance company will likely require a Personal Property Inventory of what was lost (although sometimes…

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Posted in: Insurance/Recovery Tips Filed under: advise, inventory, personal property

Examples of Additional Living Expenses

CARe, Inc.

Examples of Additional Living Expenses to “maintain your normal standard of living” Additional Living Expenses, or ALE for short, is also…

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Posted in: Insurance/Recovery Tips Filed under: additional living expenses, examples, loss of use

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