If I Wait Too Long to File a Claim, Will It be Denied?

When your home incurs any type of significant damage, it is vital that you file a claim on your homeowners insurance policy as soon as possible. Many companies will deny a claim made on your policy if too much time has lapsed between the time that the damage actually occurs and when you file. This is due to the fact that many types of damages can worsen overtime, and such repairs will cost the company more if you wait too long. It is important that you file your claim as soon as you can in order to get the money you need to repair your home. If for some reason you have problems doing so, it is vital that you at least maintain communication with your house insurance provider so that they know what is going on.

Policy Rules

The purpose of having a homeowners insurance policy is so that you have the protection you need in case a disaster were to strike your house. Unpredictable events, such as fires and severe storms, can cause extensive damage to homes. Oftentimes, the damage is so severe that the homeowners cannot possibly pay for the repairs out-of-pocket. This type of protection can even help to rebuild a home from scratch if the structure is declared as a total loss. For these reasons, many house owners choose to have insurance coverage--many mortgage companies also require it of individuals still paying on their homes.

While homeowners insurance can help to protect your property, you will also need to stay informed about all of the particulars of your policy. Not every policy is the same, and there are certain procedures that insurance companies require in order for you to obtain money you need to repair your house. Once a home is damaged, the costs of the repairs are likely to increase every day; this is one of the reasons why many house insurance providers set a time limit in terms of when you can file a claim on your policy.

Filing a Claim

Storm damages to your home can be difficult to deal with emotionally, especially if the dwelling is completely destroyed. During certain natural disasters, such as hurricanes and tornadoes, you might need to deal with more pressing issues, such as where to stay and how to obtain food and water. Although contacting your homeowners insurance provider might be at the bottom of your list during such a crisis, it is important that you do so quickly in order to make sure that you can get the funds you need to rebuild your life.

The timeline to file a claim on your policy differs between insurance providers, so it is important that you know the rules in advance. Always carry a copy of your policy with you, and highlight such important pieces of information so that you can look them up quickly. If your paperwork gets damaged within your home, contact the company immediately and let them know so that they can work with you to determine how to go about filing your claim.

Filing a claim too late is one of the most common reasons why homeowners do not gain access to the money they need in order to make house repairs. Insurance companies have to stick by their rules in order to protect their businesses, so you need to adhere to them in order to get the compensation you need during a crisis. Not being able to make a claim will result in having the burden of rebuilding left up to you.

safe secure

Enter your zip code for affordable home owners insurance quotes

GET QUOTES

What People Are Saying

"When a hail storm hit our town and destroyed all my windows, I was glad that I had found this site and was able to get a great rate on homeowners insurance. I've been able to make home improvements with the money I keep saving every month."

- Rita E, Atlanta GA