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Winning homeowner’s insurance claim takes time — and savvy

Winning homeowner’s insurance claim takes time — and savvy

Winning homeowner’s insurance claim takes time — and savvy
News from Boston Globe:

Many consumers shop for home insurance once, then forget about it. Home-loss claims are uncommon to begin with, and losses tend to be relatively small.

Push comes to shove, however, on the biggest losses. In a Consumer Reports survey, the 6 percent of homeowners who had claims of $ 30,000 or more had the most hassles. A whopping 41 percent of those claimants had at least one problem, including disagreement over damages, disputes about coverage, delays, and slow payout. By contrast, only 19 percent of filers with claims below $ 30,000 hit such snags.

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To protect against huge losses is exactly why you buy home insurance. So Consumer Reports went back to the survey respondents who suffered the most to find out what advice they could offer.

Pick a top insurer. Consumer Reports’ readers judged Amica, USAA, and Auto-Owners more favorably than most other insurers on satisfaction. Amica especially stands out for earning the top spot in Consumer Reports Ratings for as long as the magaz…………… continues on Boston Globe

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