💲1.500.000 LARGE LOSS 💲 Claims Study #7
This claim study is on large loss and it was settled for 1.5 million dollars and it takes us back in time after Hurricane Irma.
Just to give you an idea after the insurance company came out zero dollars were paid for this claim. The loss was covered but it was under the deductible.
Just like anything else in life the more money you want to make, the more successful you want to be, the more work you have to put in.
And it’s no different with the insurance claims process when you have a small loss it’s not nearly as time-consuming and as hard as a large 1.5 million dollar commercial loss.
There is a lot more documentation you need to prepare. Insurance companies are going to send out everybody that they can to take a look at it from engineers to roofers to all kinds of experts you’re probably going to have anywhere from one to five inspections on a property and then you might even get to the dispute process after that which is going to take some time as well.
At the end of this long journey, we’ve settled this claim for 💰 1.5 million dollars 💰