Terms & Processes of Your Home Insurance Claim | Virani Law Skip to main content

Getting started

If you have suffered a loss by fire, flood, or natural disaster; this information should help you understand the terms and processes of your insurance claim and avoid mistakes.

Knowing who to trust

Residential and Commercial Losses touch every aspect of your life. The adjuster is the Insurance Company’s expert. Their job performance relies on keeping your claim payout as low as possible. Virani Law steps in and provides the expertise and support you need while navigating the claims process and negotiates the best possible settlement for your family or business. Get in touch to see how we can help.

FAQs when you’re getting started

  • Generally, a home insurance policy will cover three areas of loss:

    1. the structure itself
    2. the personal contents in the home, and
    3. the increased living expenses caused by moving out of the home.

     

    Renter’s Insurance works the same way, but probably won’t include structural coverage, and landlords probably won’t have full contents or living expense coverage.

  • Policy limits are the upper boundaries of what the insurer will pay for a loss. In most policies each area of coverage will have its own limit, however some policies provide a blanket limit that covers all expenses in whatever proportion makes sense for the claim.

  • Contact your adjuster or broker and request the declaration page and policy wording. Depending on your insurer, you may need to make a formal request.

  • A declaration page is the overview of your policy coverages and limits. It is typically 2-5 pages and lists out each category of coverage, the relevant limits, and any endorsements or additional clauses you purchased.

  • An adjuster is the insurance company’s representative tasked with navigating your claim. The adjuster may work for the insurer directly, or through a third party adjusting firm contracted by the insurer. They are operating to maximize the insurance company’s interests.

When to get help

Know your rights

We often see people make costly mistakes early on in the claims process. This leaves them frustrated and trying to bounce back. Do not wait for a dispute to arise to know your rights. Virani Law can advise you and protect your interests, so that you achieve a fair settlement.

Going through a claim is difficult; we take a weight off your shoulders by handling the details, getting things moving, and securing what you deserve from your insurance company.

Your claim review is free, and afterward, we can put you in touch with past clients to hear about their experience with Virani Law. We want to ensure you are comfortable and fully trust our team and process.

Virani Law is fully operational and we continue to help families across Canada during Covid-19.
Free Consultations are available over the phone or through video conferencing. Stay safe.