Claims Advocate

Our quarterly newsletter focuses on the rights and responsibilities of the policyholder. Each newsletter highlights current issues and trends in the insurance industry.

Claims Advocate – Oct 2014 vol 4

Claims Advocate – Oct 2014 vol 4

PREPARATION IS THE KEY TO SUCCESS
There Is No Substitute For Understanding Your Insurance
by Daniel Odess
Preparation is the key to any success in dealing with an insurance claim. It means having the on-site management team maintain thorough documentation of the condition of your assets and update that documentation on a regular basis. Those two steps will go a long way to managing the claims process and provide a solid foundation for an equitable recovery following a disaster.

LOSS OF INCOME FOR MULTIFAMILY BUILDING OWNERS
Few Multifamily Building Owners Are Prepared For The Worst
by Daniel Odess
Regaining that flow of rental income involves many more factors than the simple formula the carrier may lead you to believe and may try to use in determining the extent of a loss at a multifamily building.

PLACING INSURANCE FOR MULTIPLE LOCATIONS
The Devil Is In the Details – Save Time and Money
by Daniel Odess
It takes careful review of the policy and a keen understanding of each of these issues to determine how coverage should be determined for any one claim.