Flood Claims
Is Flood Damage Covered by Your Insurance Policy?
In a normal insurance policy, flood damage is NOT covered, and requires a separate policy to be purchased through a provider or the National Flood Insurance Program. If you do have this extra coverage from the mentioned providers, we can help you get the maximum dollar amount possible from your policy coverage. Floods are the #1 natural disaster in the United States. Rising water from land can be devastating and often will lead to more serious issues such as mold and fungus growth. According to the Federal Emergency Management Agency (FEMA), flood losses in the United States averaged $2.4 Billion per year for the last decade. If you’ve had property damage due to flood, let us advocate to reclaim your property loss to its full value.
The FirstCall Claims way
1
Review your policy
With a deep-dive into your multi-page policy, we will determine the available terms and conditions applicable to your claim.
2
Prepare Xactimate™ estimate
We document damaged property and contents and create an immediate pathway to recover your loss on a line-by-line basis based on current market prices.
3
Manage negotiations
We’ll present your full structure claim to the insurance provider, with tracking across all areas of coverage for your building. Then we’ll follow up frequently while the carrier is reviewing our figures, keeping you updated with our progress the whole way.
4
Settle the claim
Our goal is always to achieve our client's specific goal for their claim, whether they are interested in receiving the max settlement possible, or are prioritizing fast construction. Either way, we settle successfully for our clients.
Our field work separates us from attorneys.
Visits each damaged building to determine proper structure scope and contents loss
Provides documentation of claim value using the same software as insurance company
Typically has a maximum fee limit of 10% of the overall claim settlement
Only gets paid when the policyholder gets paid
ATTORNEY
Does not perform field work inspecting damaged sites
Does not prepare contents and equiptment inventories
Contingency fees can be as high as 30-40% of the settlement
May charge hourly rates for the work performed on the claim
FIRSTCALL CAN BE YOUR PARTNER FOR CLAIMS SUCCESS
We care that insurance claims are settled properly, whether we are involved or not. Our relationships with our clients matter and that starts with adding value right away. Give us a call and we'll give you our best advice on how we can help.