@Yan
Sad that this got downvoted, but it’s true.
If your premium shoots up at renewal, this is probably why.
Rowan said:
If your premium shoots up at renewal, this is probably why.
Depends on the state. In Florida, they can’t raise rates for ‘Act of God’ losses.
They likely just sent you a check based on the tree removal limit in your policy.
Adjusters are overwhelmed right now. Lots of them have way too much on their plates, so they’re just cutting checks and moving on. It’s not unusual.
You got $2500, but you only paid $1600. Just be cautious—how much will your premiums go up over the next five years because of this claim? Think twice before filing claims for small things.
Pretty standard, especially during busy times. They’re likely dealing with bigger claims, so they don’t want to send adjusters out for things like fallen trees. If you only spent $1600, you can just keep the difference. If your costs were higher, you can always submit receipts for more.
The insurance company just made a quick call on your case. This way, they don’t have to worry about it anymore. If a tree stump needs work later or you notice a limb hit the house, you’ll have to follow up. They guessed on the cost and closed the file.
Back when I worked claims, we used to just pay out the max for food spoilage without any questions. Seems like the same approach here.