Filing Business Insurance Claim: The Proper Way

​When a circumstance adversely impacts your business, what do you do? You’ll find ways to recover from loss or damage, right? This is the perfect reason why you need the help of an insurer — to help you get your business back on track.

Example Circumstances that Pose Risk to Your Business

• Fire damage: You can’t continue your business operation because your business equipment was burned.
• Break-in: You exerted hard work to purchase your merchandise or valuable equipment. Buying another one because it’s stolen could hurt your wallet.  
• Bodily injury: Whether it’s your staff or guest at your premise, they can sue you when they get injured.
• Lack of access to property: Acts of God is something that even you can never prevent. If you can’t access your business site following a wildfire, hurricane, floor, etc. you are losing a significant amount of income.

Overcoming Business Risks
When ‘Acts of God’ strikes, make sure that you move to a safer place and communicate immediately with your staff to instruct them to do the necessary action. Moving forward, when your premise encounters flood, the first thing that you must do is to seek for immediate onsite emergency help. For adequate assistance, call the Federal Emergency Management Agency.

Another thing, it’s becoming prevalent now that increasing numbers of small businesses are the victims of burglary. That’s why, if you have a business, whether big or small, it’s vital to invest in working security devices, such as security cameras, state-of-the-art entry locks, etc. After finding out that something has been stolen in your premise, contact the police immediately.

Getting Help from the Insurer
You need an insurance company to safeguard your business in several aspects. Your insurer will help you after losing something in your business premise, the damage has happened, or somebody was hurt while inside your business area. After the mishap, contact your insurer to file a claim.

Proper Filing of Business Insurance Claim

• Check your insurance policy for the coverage.
• Make a list of the items that have been damaged to serve as proof of loss.
• Don’t throw away the destroyed valuables.
• Record the damage to your property. Take photos of the damaged things entitled for the claim.
• Contact your insurer and wait for the adjuster to assess everything.
• Take note of the people  you talked to and their contact info when you process the insurance claim with your insurance company
• Wait for the verdict of the insurer.

Take note: If you believe that you were deprived of compensation that you must get from the insurer, talk to your lawyer for further assistance.

To run your business a peaceful life, look for a company that you can rely on during unforeseen perils. Get the necessary business insurance plan to protect your commerce.

At Insurance Marketplace, Inc., we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (541) 779-0177. Get your free quote today by CLICKING HERE.