An insurance policy can be an invaluable thing to have in the event of a loss. One of the main purposes of an insurance policy is to replace damaged or lost property or to protect you during a liability claim. This is part of the responsibility of the insurance company as stated in the insurance contract. But the insurance company is not the only party that has a responsibility to adhere to the contract. The Named Insured also has many responsibilities including notifying the insurance company in the event or a loss. Also notifying the insurance company of any changes, purchases, or additions to that have taken place since your policy was first written is also very important. In the event of a loss a typical insurance policy would require you to do the following:
Notify your insurance agent or company as soon as you are able. Notice I did not say “as soon as possible” there is a reason for this. There may be other circumstances that need your immediate attention before making the call to your agent. Additionally your insurance company may require you to take pictures of your loss, and to do any necessary fixes at their advisement to avoid further loss.
Inform your Agent of all the details related to your loss. More information is better that less, if you think it might be relevant let them know. Who is involved, where the loss took place, and how it happened. Holding back important information can have a negative effect on the claim, and at the extreme could cause it to be denied.
Allowing your agent to have quick and complete claim information will allow them to do their job to the best of their ability. If you have any questions about the legal requirements of your New Hampshire Insurance Company or any other insurance company policy please don’t hesitate to contact your agent at Downey Insurance.