Why is Your Flood Insurance Claim Rejected?
Homeowner’s insurance is a robust and dependable form of protection in various situations. Nevertheless, flood insurance makes an excellent addition to homeowner’s insurance, especially considering floods are typically excluded from coverage. A flood insurance policy remains a wise investment even if you reside in a region not prone to flooding.
Should your home suffer from a flood, your flood insurance policy would likely cater to your coverage needs. However, sometimes insurance claims can be refused. Here are a few common reasons why a flood insurance claim may face rejection.
Insufficient Documentation
When filing a flood insurance claim, sufficient evidence such as photos and videos (where possible), documentation of sustained damage, and an inventory of damaged property are critical. Your insurance adjuster will guide you on all the necessary materials needed to process your claim, which must be provided within a suitable timeframe.
Delay in Filing Claim
If you delay too long to file your claim after a flood event, this could jeopardize its approval. Waiting for two years after a flood to file a claim isn’t practical, and typically, a claim filed past 60 days will likely be rejected. The sooner you file, the better.
As seen above, you may risk having your flood insurance claim rejected if you don’t diligently provide the necessary documentation as part of your claim. This same principle applies to any insurance claim, as essential information is crucial for all claim processing. If your flood insurance claim is denied, don’t despair, as there should be an opportunity to redress the discrepancies and hopefully have your claim approved.
If you’re in need of a new insurance provider in the Jacksonville, FL area, consider us at 925 Partners. We prioritize our customers and provide insurance coverage in Jacksonville, FL, and surrounding areas. Reach out to 925 Partners today, and one of our helpful agents will assist you in obtaining a quote.
