What to do if you experience a theft loss:
- Notify the police
- Notify credit card or fund transfer card company
in case of loss of a credit card
- Notify us (or
your agent) as soon as practicable (report
a claim)
What to do in case of fire, smoke, water, or storm damage to your home:
- Protect your property and belongings from further
damage
- Make reasonable and necessary repairs to protect
the property
- Keep an accurate record of repair expenses
- Notify us (or
your agent) as soon as practicable (report
a claim)
What to do in case of vandalism or other property damage:
A deductible is the amount of damages that you agree you will be responsible for
if you have a claim.
Most insurance policies have a deductible which
states that a portion of the amount paid for the loss will be subtracted (deducted)
from the amount the insurance company would otherwise pay. This amount is not
paid to the company, it simply becomes your share of the loss and is deducted
from the payment.
