If you have been affected by a recent disaster such as the wildfires in California, you might have some questions about how the insurance claims process works. This article details what you need to know about how to file a claim, how the claim process works, what's covered and what's not. See also: What is covered by standard homeowners insurance?
This presentation discusses the steps that consumers and businesses are recommended to take in preparation for wildfire, and the process around recovery.
From January 1, 2018, to October 26, 2018, there were 50,546 wildfires, compared to 52,572 wildfires in the same period in 2017, according to the National Interagency Fire Center. The Camp wildfire broke out in Butte County, California, on November 8 and became the deadliest and most destructive fire on record. Further south two other major fires, Hill and Woolsey are still burning. Learn more here. See also: California State Fact Sheet
ACTUAL CASH VALUE- A form of insurance that pays damages equal to the replacement value of damaged property minus depreciation. (See Replacement cost )
EARTHQUAKE INSURANCE- Covers a building and its contents, but includes a large percentage deductible on each. A special policy or endorsement exists because earthquakes are not covered by standard homeowners or most business policies.See Full Glossary
FOR IMMEDIATE RELEASE Kim Kirchner, Coburn Communication: (212)-536-9837; Kim.Kirchner@coburnww.com California Press Office: (707) 490-9365; firstname.lastname@example.org New York Press Office: (212) 346-5500; email@example.com ROHNERT PARK, CA, Nov. Read More
FOR IMMEDIATE RELEASE Sheena Bermingham, Coburn Communication: (212) 730-7045; firstname.lastname@example.org Insurance Information Institute New York Press Office: (212) 346-5500; email@example.com NEW YORK (October 18, 2018)— Cyber incidents hit one of every 10 U.S. Read More