It is not certain when a disaster takes place and how badly it can affect you. But you can always be one step ahead and take action immediately. Make sure to take insurance for your property and other things and immediately call a restoration service provider. These providers are available for you anytime. They will look at the damaged property and will start working on the things that can be fixed. Call your insurance company and talk to them about everything. The types of calamities that can happen are- burning of your house, flood attack, earthquake, etc. Make sure you look at each and everything that has been damaged.
Now the question comes why taking insurance is so important?
An Insurance policy is a legal contract between the provider and the individual. It includes all the benefits that the person will receive from the insurance company. They offer different policies and one has to pay a monthly premium to the company. The amount of premium is deducted every month from your account and they pay you back the agreed amount when your property has been damaged due to a natural calamity.
Types of insurance can be life insurance, health insurance, home insurance, travel insurance, etc. There is a certain period for a policy and if you fail to claim during that period, you will not be given any benefit.
Advantages of taking insurance-
1. Your assets are secured from any disaster that may happen.
2. Choose among different policies offered by the insurance companies
3. The amount of premium is not much and can be easily paid every month.
4. Less amount of stress during unforeseen situations.
5. With property insurance, you can even get a temporary place to stay if your property has bigger damage.
Process of insurance after restoration
Now after you have called for restoration service, they will check the damage to your property and they will estimate an amount that will be required. They will directly call the insurance company and the two parties will discuss the case.
Here are the steps that follow-
1. Agreement by the supervisor
The first step will be the inspection of the property by a professional supervisor. The insurance company may send him to check up on your property. He will check all the damaged parts of the property to see whether or not your claim will be passed. Detecting damage is not as easy as it sounds. It requires a lot of training to find the hidden damages.
Then after this, the supervisor will discuss the details with you and will tell you if there is a need to file a claim. The amount payable for the repairs will be according to the contract that you have signed while taking insurance.
2. File for the claim
Immediately call your insurance company and file a claim. No one is going to do this for you. As you are the owner of the property, you must do this work as soon as possible. You will not get the benefit if you will file the claim after the period of the policy. Also, make sure you tell them about the restoration service provider that you have contacted.
3. Work required
After filing the claim, the supervisor will come back and will check for everything that can be restored. He will have a look at each item in your house that has a scope to get fixed. He will make sure that you can get all the items back. Some supervisors can even ask for an amount to do this work but mostly it is free of cost.
4. Contract among the two parties
Most of the time the insurance company suggests some restoration companies themselves and even call them to talk about the damage. The service provider and the insurance company look at the case and estimate the amount that will be required for the repairs. They will make a contract in which the insurance company can also directly make the payment to the service provider. But in the end, it is your work and you get to choose how the payment will be made.
5. Getting the benefit
The insurance company will pay for the repairs either directly to the service provider or you can get the whole benefit and then pay the required amount to them.
You never know what can happen, but the least you can do is to make sure you secure your property and your life by taking insurance. Risking your property is in no way a better option than securing it with insurance. Do tell your insurance company about the restoration provider. There are so many restoration companies out there who are willing to help you in every way possible. They can help you with leakage problems, and many other things that take place due to a natural calamity. Take action as fast as possible as you do not want any further damage. Just make the right choice and you can get everything back.