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Insurance Claims Process
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Flashcards
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1. Notify the Insurance Company
Contact your insurance provider to inform them of the incident and start the claims process.
2. Document the Damage
Collect evidence of the damage or loss by taking photos, videos, and gathering any relevant documents.
3. Fill Out a Claims Form
Complete the necessary paperwork provided by your insurance company to officially submit your claim.
4. Adjuster Assignment
The insurance company assigns an adjuster to assess the damage and estimate the cost of repair or replacement.
5. Claim Investigation
The adjuster investigates the claim to make sure it's valid and to determine how much should be paid out.
6. Claim Resolution
After the investigation, the insurance company will make a decision to approve or reject the claim and issue payment accordingly.
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