Documenting and Preparing an Insurance Claim

There are numerous factors to be considered when documenting and preparing an insurance claim. When evaluating a loss, both the scope and the value of damages are established through subjective professional computation. Rarely, if ever, does the insurance company’s calculations mirror the insured’s point of view. Failure to understand these factors can mean the difference between a settlement that makes you whole and one that doesn’t.

An insurance claim involves establishing a specific monetary value for each item lost; this determines the basis for achieving an equitable settlement. The fact is that the claim estimating and valuation process is based upon each adjuster’s subjective analysis. Our business is an art more than it is a science. Painting the perfect picture takes know-how and a company like EPIC with the experience and knowledge to guide you through the process.

Epic has the opportunity to:
	Respond quickly to minimize processing time
	Accurately assess all damages
	Prepare complete and detailed reports of all the affected property
	Determine the best, most financially beneficial method for remediation
	Properly document your claim
	Ensure compliance with all terms and conditions of the policy
	Calculate the financial aspects of your loss including business interruption and related extra expenses
	Make recommendations as to what treatments should be employed in order to remedy the damages
	Make sure that all policy provisions are met in order to maximize your settlement