Understanding Contents Claims and the Best Practices for Handling Them

What Is a Contents Claim?

A contents claim is a type of insurance claim made to compensate you for the loss of any of your personal property  that was damaged, destroyed, or stolen during an event covered by your insurance policy such as a hailstorm, hurricane, fire, flood, or burglary. These claims typically involve damage to items such as furniture, electronics, clothing, and other belongings within a home or business. Contents claims can often accompany property damage claims as damages that occurto a structure itself can often  lead to damage to the items within it.

Different insurance policies may have varying limits on the amount they will pay for contents claims and specific exclusions for certain types of items. Knowing what is covered can help you maximize your compensation in the event you need to file a contents claim.

What Should You Do When Facing a Contents Claim?

1. Document Everything: As soon as you notice damage to your personal belongings, take detailed photographs and videos. Document the condition of each item and create a comprehensive inventory list, including purchase dates and purchase amounts. This evidence will be invaluable when filing your claim.
2. Keep Receipts: Maintain receipts for all of your personal belongings. If you don’t have receipts any particular item, research its current market value or identify the price of similar items.  Doing so will help you  substantiate your claim.
3. Report the Loss Promptly: Contact your insurance provider as soon as possible to report the loss. Delays can complicate the claims process and may jeopardize your chances of receiving full compensation.
4. Be Persistent: Insurance companies may initially offer low settlements or delay the claims process. Stay proactive and communicate regularly with your adjuster. If you feel your claim isn’t being handled properly, don’t hesitate to seek legal assistance.

Ask Averill & Reaney

We understand this can all seem overwhelming, especially as you cope with the loss of your belongings. You don’t have to face it alone. At Averill & Reaney, we specialize in helping clients understand their rights and ensuring they receive the compensation they deserve from insurance companies. Whether you’re dealing with a contents claim or have questions about your property insurance, our team is here to assist you. Contact us today to get started!