The goal of insurers is to help policyholders get back to normal life as soon as possible.
Chicago, IL (PRWEB) October 29, 2012
While the effects of Hurricane Sandy are just beginning, residents in the path of the storm should pay attention to warnings by local officials and follow instructions when asked to evacuate, says the Property Casualty Insurers Association of America (PCI).
“It's critical for your safety to obey any evacuation orders given by local authorities,” said Chris Hackett, director of personal lines for PCI. “Save all of your receipts from hotels and restaurants if you have been asked to evacuate to a safe area. You may be eligible for reimbursement from your insurer if your home experiences damage. Once the local authorities say it is safe to return home, inspect your property for storm damage and if you're home has damage, contact your insurer immediately. The goal of insurers is to help policyholders get back to normal life as soon as possible. Insurance companies train adjusters and plan year-round for major catastrophes such as Sandy and they are prepared to move adjusters into the affected areas and assist customers as soon as it is safe.”
If you experience a loss from the storm:
- Immediately contact your insurance agent or company representative
- Inspect property and cars for damage
- Inventory losses and photograph damage, and save related receipts to assist with claims handling
- Secure property from further damage or theft
- Check the background and legitimacy of repair contractors. Ask your insurance company for assistance in locating a reputable contractor.
- If you own a business, keep detailed records of business activity and extra expenses during the interruption period, and prepare records to show the income from the business both before and after the loss.
PCI is composed of more than 1,000 member companies, representing the broadest cross-section of insurers of any national trade association. PCI members write over $190 billion in annual premium, 40 percent of the nation’s property casualty insurance. Member companies write 46 percent of the U.S. automobile insurance market, 32 percent of the homeowners market, 38 percent of the commercial property and liability market, and 41 percent of the private workers compensation market.