Dec
24

11th Excerpt of the Insured Bill of Rights

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  • 11. Your insurance policy will include the terms which describe the time period in which you are supposed to receive your settlement payment by. You are legally permitted to exercise your rights and to receive payment within that time period. This right was instated to protect you against insurance companies taking advantage of your circumstance and convincing you into taking a lesser settlement amount.
    You must be careful, it is important to go over your policy with your insurance adjuster because the policy also has time requirements in which the policy holder must prepare their claim and submit it to insurance. It is very important to know these guidelines at the beginning of your claim so that you can ensure that the claim goes through properly.

    You, the policy holder have the strongest impact on what the insurance company does. It is up to you to ensure that the insurance company gives you proper settlement in the proper fashion and proper time. A good Restoration Company will be there for you helping you to exercise your rights and make everything as easy as possible for you. In the end, the policy holder holds most of the power.

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