What Triggers A Commercial Insurance Claim?
In order for a commercial insurance claim to be “triggered” in most cases a claim has to be filed on one party’s end. Normally if one party has any of your information the other insurance company will find out who your insurance company is and notify them.
So a party needs to file a claim in order for a claim to be “triggered” then insurance companies will go through the process to determine if it is a legitimate claim and then take the steps necessary to escalate or come to a resolution with each other. Sometimes this can involve law and many court hours.
“Funny Joke Claims Form”
When To File A Insurance Claim
Know your deductible. Is the damage almost the same amount as the deductible? Is it worth it to file a claim knowing that filing claims might increase your rates? Try to do a cost-benefit analysis. There could be some leeway, rates might not go up that much as you think. Insurance is there for a reason. It might be good to consult with a insurance professional on if you should file a claim or not.
How To File A Insurance Claim
You can always contact your insurance company to start a claim. Was it an event that caused excitement? Was there a police report involved? Is there detailed evidence such as pictures, names, property information, around the time and date? This could all be information that can lead to helping you get compensation for a legitimate claim.
