Catastrophic Law Guide, Resources & information

Catastrophic means extremely harmful which brings physical or financial ruin due to natural or man-made causes, the best case scenario would have the insured provide a complete appraisal identifying their household contents completely and linked perfectly to their homeowner’s policy.

In the usual scenario, this appraisal is out-of-date, inadequate or lost as a part of the catastrophic event. In the case of major events such as hurricane, Tsunami, Katrina, even appraisals kept off site may be lost. The result is too often a complicated arrogate process that endeavors to embolden identification and value of no longer existent, covered property. When claims take a nasty turn, especially when fraud is suspected, the process becomes a very expensive case of experts and litigation. The results of these worst-case claims are rarely satisfying for either the insured or the insurer. There are proven methods for determining economic losses that can improve the chances of satisfactory resolution and sift out inherent capacity for coming into being fraudulent claims, the hypothetical assessment.

Know your rights and exercise them for a safe, better future.