You Need to Know About Your Natural Disaster Insurance Claim

You Need to Know About Your Natural Disaster Insurance Claim

When your home suffers damage from a natural disaster, it’s often just the beginning of an uphill battle. Even homeowners covered by natural disaster insurance should prepare for a long and costly recovery process. More than 60% of U.S. homeowners are underinsured. And with the seemingly endless stream of recent natural disasters, many people may not have enough funds to rebuild after an act of God. How can you protect yourself in the wake of a natural disaster? Reviewing your insurance policy is a good start, but understanding how your insurance provider will handle your claim is essential. Here’s a roundup of the most important things to know about natural disaster insurance claims. 1. Timing is everything Finding time to call your insurance provider can be difficult during a natural disaster. What’s more, you may not know who to call. But when it comes to filing a claim, speed is important. “Insurers handle claims on a first-come, first-served basis,” said Robert Hunter, the Consumer F…