DENIED INSURANCE CLAIMS
DENIED INSURANCE CLAIMS
Has your insurance claim been denied, or is the amount of loss covered not sufficient to make your Association whole again? When disagreements like this arise between an Association and your insurance company, Appraisal is a common next step for an Association to take.
What is Appraisal?
Appraisal is an insurance policy provision found in the Loss Settlement section of your policy. It takes the place of a lawsuit and is invoked when there are disagreements between the policy carrier and the policy holder regarding the amount of loss.
APPRAISAL VS LAWSUIT - THE PROS AND CONS
QUICK – EXPEDIENT
RELATIVELY LESS COSTLY
MAY BE LESS ADVERSARIAL
NO FIRM PROCEDURE
SLOWER – PROTRACTED
GENERALLY, MORE COSTLY
STORM DAMAGE MONITORING
STORM DAMAGE MONITORING - IT'S GOOD FOR YOUR ASSOCIATION
Storms are part of life in this area. Is your Association prepared if a major storm damage event should occur on our property?
Partnering with a professional storm damage restoration company long before you need service will make the road to recovery a smooth process. It will also give you ice peace of mind as you tell all those storm chasers to "hit the road" because you've pre-planned with Association Reconstruction.
STORM MONITORING SERVICE - THE PROCESS
Step 1 - You schedule a time for Association Reconstruction to physically inspect your property looking for hail or wind damage.
Step 2 - From our inspection, a baseline is established regarding the current condition of your property.
Step 3 - If hail or wind damage exists we learn what your insurance deductible is and create a detailed report for the Board of Directors which lists the reasons why we do or do not suggest filing an insurance claim.
Step 4 - Your Association is added to our Monitoring Program. That means we stay current with any storm or weather conditions in your area that may adversely affect your property. If such and event occurs, we quickly arrive onsite to inspect your property for damage.
DO YOU HAVE A DENIED INSURANCE CLAIM? WE'D LIKE TO HELP.
last month, our HOA was damaged by a nasty hail storm. Our community manger suspected we had some amount of hail damage, but before she could even call to get an inspection done, Association Reconstruction contacted us to let us know they would be stopping by to inspect our property. Since we were part of their free storm damage monitoring list, our HOA was at the top of their list for inspections.MIKE J.
As a community manager, I am so happy to have Russ and Association Reconstruction in my back pocket when storm damage hits. One of the HOAs I manage was severely damaged by a wind storm last summer. One call to Association Reconstruction was all it took to start the process of restoration. They did an excellent job from immediate triage to complete restoration. Thank ! I know I can depend on this team.ROBERT B.
Great job! Their blog updates are great. We were very happy we hired them and would hire them again.SUE O.
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HOA RECONSTRUCTION SPECIALISTS
MN BC#727956 WI DC#1434091