Property Insurance B
My
recommendation if you are having property claims in Nigeria is to get the
services of a loss adjuster once the loss occurs so that he can handle the
claim payment on your behalf especially for big properties. For American Europeans
Canadians and else where, you don’t need to do that since there are free
independent loss adjuster that would work for you for free you only pay them a
percentage of what he get in excess of what your insurance company had promised
to pay.
Some Dos and Don’ts of Property claims payment
Ø Make sure
that the correct value of the property and content are insured at all times and
where substantial improvements or additions are done to the property and
contents, you should as a matter of fact let the insurance company is informed
and where applicable extra premiums are paid.
Ø Don’t try at
any point to deceive the insurance company by not stating exactly what was
insured especially where it comes to content especially in ware house claims.
Ø Never at any
time try to destroy your property or content by your self and hope to fool the
insurance company to pay you fat free money. 99% of the time the insurance
company, through their experts would see through this and consequently
repudiate your claims and may even prosecute you in law of competent
jurisdiction for fraud!
If you like this, please
make your comment and click post and if you have any claim question feel free
to ask it in the comment section. Don’t forget to include your email address. I
will get back to you as soon as possible for free advice
