News from Aspen Claims

Your guide to Denver property damage claims


November 13, 2019

Property damage claims might be overwhelming, after all you’re dealing with your home or someplace you’ve invested a lot of time, money, and care. However, property damage claims might be easier than you think. We’ve put together the two easy steps you need to know about when making a Denver property damage claim. 

Review Your Policy
The first step when dealing with any damage claim is to read your policy. Yes, it will be a little hard to get through if you’re not familiar with insurance lingo but it’s an important step. Read through the policy until you get a basic idea of what’s included, and what questions you need to ask. If you don’t have a copy of your policy, be sure to ask for one. Nowadays, most insurance policy carriers can email you a copy no problem.

Let’s take a quick pause. When looking through your policy keep an eye out for Additional Living Expenses (ALE). ALE is part of your coverage that will help cover just that - any additional expenses that have been incurred due to the loss of your residence. This might include pet boarding, rent, food, gas, and even mileage. Some other expenses might be covered as well, we recommend asking your insurance company if they can send over a list of what is covered under your ALE policy. 

File the Claim
Once you review your policy, it’s time to file the claim. You’ll need to make sure you have plenty of photos, as well as an inventory of what you’ve lost and any receipts/claims to back up the worth. Your policy will cover up to a certain amount, just make sure you are ready to pay the deductible. Most insurance deductibles range from $1000 - $2500. When going through the claims process, be sure to keep in close touch with your insurance adjuster. They can help you navigate the process and answer any questions you might have. It’s important to be patient, these claims can take months to settle. 

Now that you know the two starting steps in filing a property claim, you are ready to get on our way. Remember, if you are ever unsure about something in the process you should ask questions. If you ever get caught up, and are concerned contact us. At Aspen Claims, we’ve helped thousands of clients get what’s rightfully deserved in the event of natural disaster, property damage, and personal injury. That’s why residents and professionals from Aspen, Denver, Littleton, Aurora and across the United States rely on our expert staff and highly professional claims adjustment service. To get started, just give us a call at 888-819-5904, we are happy to help and would love for you to experience the Aspen difference.
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Trust the Aspen Claims Team with Your Underwriting and Re-Inspection Needs


October 29, 2019

At Aspen Claims, we’ve helped thousands of clients get what’s rightfully deserved in the event of natural disaster, property damage, and personal injury. That’s why residents and professionals from Aspen, Denver, Littleton, Aurora and across the United States rely on our expert staff and highly professional claims adjustment service. How do you know you’ll need a claim adjustment in the event of an accident, storm, or injury?
 
Our team of experienced, professional claims adjusters investigate insurance claims to determine the extent of your insurance company's liability. Our team handle property claims involving damage to structures, in addition to liability claims involving personal injuries or third-person property damage. We review each case through in-depth interviews with the claimant, available witnesses, and through extensive research of related records, namely police and medical records. We also have dedicated staff members who will carefully inspect any personal property that’s involved.
 
The role of a claim’s adjuster is to verify insurance claims and determine a fair amount for settlement. The Aspen Claims team has successfully worked cases that run the entire gamut of insurance claims processing, from personal injury to property damage. In property damage claims, the main role of the insurance adjuster is to carry out a detailed investigation as noted above.
 
Aspen Claims are a team of independent claims adjusters who works to protect your interests in an insurance claim. A dedicated Aspen Claims professional —who is distinctly assigned to your case through completion—will do everything possible to minimize your loss.
 
Finding the right claims adjustment and/or claim advisor that fits your needs doesn’t have to be hard. If you work for an insurance company and are looking for a premier independent insurance adjuster, Aspen Claims Services has a team of experts across the continental United States that are ready to help with catastrophe claims, commercial property claims and residential property claims.
 
Our patented FileTrac™ system is a real-time a claims management system that allows our clients to review the status and progress of their claim from any digital device, twenty-four hours a day, seven days a week. To ensure the accuracy of your claim from word one, Aspen Claim’s ReScope™ process offers a reinspection process ensuring the most accurate re-inspection in the industry. To get started, just give us a call at 888-819-5904, we are happy to help and would love for you to experience the Aspen difference.
 
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Insurance Claim Adjuster 101 - from your Denver claims specialists


October 15, 2019

So you’ve made a claim through your insurance...now what? For the most part, your next step will be dealing with an insurance claim adjuster. While this sounds like someone who will be intimidating and difficult for you to work with, we promise it is not as bad as you’d think! We have put together our Insurance Claim Adjuster 101 Guide, your go-to source for information. 

The Basics
There are a few things you should know, before we offer tips on how to handle an insurance claim adjuster. The first is that there are three types of insurance claim adjusters: 
Staff: Staff adjusters are those who work exclusively for one insurance company, think of those who work for State Farm or All State. 
Independent: Independent adjusters are just as it sounds, independent. These types of adjusters are more like contractors, they will work for multiple insurance companies as a third-party.
Public: Public adjusters work with policyholders to help work through these processes. 

What Do They Do
Insurance claim adjusters are the investigators of the insurance industry - they will work to find out what happened, who is at fault, as well as what is a fair settlement. Insurance adjusters will work through gathering photos, documents, police reports, etc. - really anything that will work help to determine what truly happened. This is why taking photos and thorough documentation immediately after the car accident is so important. 

Our Tips
After an accident, and after it’s been reported to the insurance companies, you’ll hear from an insurance claim adjuster. When you work through this process, we recommend the following:
Don’t let pushy adjusters get to you - adjusters are trying to get the claim filed, push through, and resolved as soon as possible 
On the same note, if an adjuster requests that you sign a medical release, be aware and cautious. If you have any intention to file a legal claim, do not sign this release and consult with your injury lawyer first. 
Keep open lines of communication - be honest and be willing to discuss things openly and honestly.
When handling repairs, make sure that you work with the insurance adjuster as well. Some insurance companies have preferred vendors they work through. 

At Aspen Claims, we’ve helped thousands of clients get what’s rightfully deserved in the event of natural disaster, property damage, and personal injury. That’s why residents and professionals from Aspen, Denver, Littleton, Aurora and across the United States rely on our expert staff and highly professional claims adjustment service. To get started, just give us a call at 888-819-5904, we are happy to help and would love for you to experience the Aspen difference.
 
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The benefits of Denver property insurance


October 2, 2019

As you move forward with a new home, it can sometimes be intimidating. Particularly when it comes to property insurance! But it shouldn’t be, and doesn’t have to be. We’ve even had people tell us they’d rather not have property insurance, and you’d be surprised at the number of people who don’t get property insurance simply because it can be confusing. Here are our three reasons why every Denver homeowner should have property insurance: 

Most of the Time...It’s Required
To start with the obvious, most mortgage lenders will require you to have property insurance when purchasing a home. Afterall, your mortgage lender is making an investment in the property and they don’t want a natural disaster to cause damage that you won’t be able to pay for. If you drop coverage at any point during having a home, most of the time your mortgage company will purchase a policy for you and tack on additional fees and raise your payment. Do yourself a favor, keep a homeowner’s insurance policy! 

Protection
Your insurance policy will protect your home in case of a natural disaster, fire, or anything else that can cause havoc in your home. Not only will the policy protect the structural integrity of your home, but did you know it will also protect your possessions? Yes, that’s right! If your home gets burglarized, you will be able to recoup most of the value of your possessions and purchase new ones. Not only will your home insurance policy protect your house and possessions, but most of the time it will also protect you from liability. If you have a party and someone slips and falls outside, your home owner’s insurance can be essential in protecting your assets. 

A “Safety Blanket” 
We always hope for the best, but sometimes the worst strikes us and you feel lost. The good news, is that if your home is destroyed to a point where it’s inhabitable your policy can help you afford temporary housing. Most of the time “additional living expense coverage,” is standard in policies, and it will help you afford other means of housing in the event of a disaster. While it’s always hard to think worst case, sometimes you should prepare for the worst and hope NOT to use it. 

At Aspen Claims, we’ve helped thousands of clients get what’s rightfully deserved in the event of natural disaster, property damage, and personal injury. That’s why residents and professionals from Aspen, Denver, Littleton, Aurora and across the United States rely on our expert staff and highly professional claims adjustment service. To get started, just give us a call at 888-819-5904, we are happy to help and would love for you to experience the Aspen difference.
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Colorado Auto Insurance Premiums on the Rise


September 18, 2019

Auto insurance premiums in Colorado rose at the third-fastest rate of any state in the nation —more than three times the pace of inflation over the past six years, according to a recently released survey by the Rocky Mountain Insurance Information Association (RMIIA) and The Denver Post.

Colorado’s insurance premium increase lagged only Montana at 64 percent and Mississippi at 60.3 percent, while outpacing the 20 percent gain measured nationwide. Individual insurance premiums can vary widely based on the car, miles driven, a driver’s record and the types of coverage sought. That said, there are some factors that can be controlled, and some that can’t.

When Colorado abandoned the “no-fault insurance” system back in 2003, premiums fell from eighth- highest in the country to approximately twenty-fifth. Under the “no-fault” system, insurers were required to pay their customers’ medical costs regardless of who was at fault in an accident. Under the new system, the insurer covering the driver found at fault is responsible for damages. As to be expected, premiums typically are higher in states that utilize a “no-fault” system.

Given their rapid rise, Colorado’s premiums have a significant climb to undertake in order to get back to top ten in the nation.  The state ranked 18th with an average premium of approximately $1,500 according the study.

There are several reasons to explain the rate increase, according to national insurance researchers. A succession of bad weather that has struck the greater-Colorado region, primarily heavy hailstorms, have required large payouts. In fact, Colorado has ranked second only to Texas for hail-damage claims in recent years. In addition, lower gasoline prices have resulted in more people on the road, influx of newcomers moving into the region who have taken advantage of buyer-friendly real estate markets. More traffic means more accidents and more claims and higher premiums.

Furthermore, distracted driving remains a big problem, despite repeated campaigns to get people to stop using their mobile devices while driving. There’s some evidence that legalized marijuana is having an effect on auto insurance premiums, according to the report. 

Lastly, newer vehicles that come with more expensive cameras and sensors in their bumpers and windshields, while designed and proven to reduce severe accidents, can actually be a negative when it comes to accident repair. Minor repairs that used to cost hundreds of dollars, such as a bumper replacement, can now run thousands of dollars due to the replacement of monitoring devices and cameras. 

As premiums rise, more people lower coverage levels or drop policies entirely, despite the penalties they face if caught. Some of the steepest increases are coming in coverage for uninsured motorists.

If you’ve been in an automotive accident in the Denver area and need to further inspect your claim, Aspen Claims Services is in your corner. Our team prides itself on our Re-Scope program —a customizable menu of quality assurance reinspection. Contact us today to learn more!
 
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