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   Signed and notarized Proof of Loss issue
P:  10/28/2011 7:17:52 PM
floodzone

Member

Total Posts: 2
Last Post: 10/31/2011
Member Since: 10/28/2011

My insurance adjuster sent me my final documents and Proof of Loss form to sign and have notarized it was 3 pages in all and I sent them back to him as requested for the amount of our loss.

Today he calls and claims he sent me the wrong Proof of Loss form with a much smaller settlement than the first one and sends me 1 page to sign with the smaller amount on it minus the notarized signature claiming I don't need to have it notarized now.

I feel he messed up and is now trying to give me the shaft and not give me what I am owed...what should I do and what are anyone's elses thoughts on this ?


Revisions : 0   |    Posted:  10/28/2011 7:17:52 PM   |   IP:  Recorded    |    Report this post


 There are 4 replies to this message.  There are 4 replies on this page.

P: 10/31/2011 8:37:22 AM
TRon

Member

Total Posts: 283
Last Post: 7/6/2012
Member Since: 9/30/2006

There is not enough information posted to present a proper reply.

What type of Loss? i.e. Flood, Wind, Fire, Theft.
 
What Type of Policy?
 
What State are you in?
 
Why were the amounts lower on the second POL?
 
This should provide some information needed to respond.

I Post Large, it is easy on old eyes!!

Revisions : 0   |    Posted:  10/31/2011 8:37:22 AM    |    IP:  Recorded    |    Report this post
P: 10/31/2011 1:05:46 PM
floodzone

Member

Total Posts: 2
Last Post: 10/31/2011
Member Since: 10/28/2011

The claim was for flooding that we had in Vermont that destroyed our mobile home and we had flood coverage on the home but not the contents. He sent us a POL form to sign an notarize and send it back with a $35,000 settlement on it.

The next day he claims he sent the wrong amounts and that we need to sign the new POL for the amount of $27,000 and that we did not ever have to have anything notarized even though the form explicitely stated that it did need to be notarized for the 3 sheets of paperwork he sent us the first time. The second form he just sent 1 paper with the amount of $27,000 for us to sign.

The first form we had depreciation of $5,300 for the last year alone since we bought it a year ago. The second form he sent had depreciation of $8,900 in the past year.

I asked why the big discrepancy in the numbers from each form and he said he was trying to work the numbers to get us the $35,000 it was worth on the first form but, now claims the house was only worth the $27,000

i am waiting to here back from 2 different attorneys about this,

Revisions : 0   |    Posted:  10/31/2011 1:05:46 PM    |    IP:  Recorded    |    Report this post
P: 10/31/2011 1:23:44 PM
TRon

Member

Total Posts: 283
Last Post: 7/6/2012
Member Since: 9/30/2006

Was your home insured through National Flood Insurance Program (NFIP)?
 
Is the home your primary residence? i.e. Did you live there - not a second home.
 
 
If the two above is yes, and your policy provides Replacment Cost Coverage,
and you are planning to replace it, then the ACV amount does not matter.
 
Just replace it, and then submit for the Replacment Cost Claim.
 
If your policy does not provide Replacment Cost coverage, and the Actual Cash Value
claim will conclude the claim forever, and you dispute the claim amount,
then read the "Appraisal" provision portion of the policy. 
 
 

I Post Large, it is easy on old eyes!!

Revisions : 0   |    Posted:  10/31/2011 1:23:44 PM    |    IP:  Recorded    |    Report this post
P: 7/28/2012 11:13:55 AM
ECM Claims Adjuster

Member

Total Posts: 6
Last Post: 3/28/2013
Member Since: 8/10/2011

The adjuster screwed up!!

Revisions : 0   |    Posted:  7/28/2012 11:13:55 AM    |    IP:  Recorded    |    Report this post

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