CPCU Society Offers Tips On How to File Insurance Claims in the Wake of Wild Fires.Business Editors MALVERN, Pa.--(BUSINESS WIRE)--May 12, 2000 Property owners who have suffered losses in the wake of wild fires may find themselves making claims against their insurance policies for the first time. The CPCU CPCU Chartered Property Casualty Underwriter CPCU Cardiac Progressive Care Unit CPCU Custody Pending Completion of Use Society (Chartered Property Casualty Underwriters Chartered Property Casualty Underwriter (CPCU) is considered to be the premier professional designation in property-casualty insurance and risk management. The rigorous curriculum includes eight (8) post-secondary undergraduate, or graduate-level courses covering topics such as ), a non-profit insurance organization, offers the following tips to help policyholders navigate the claims process: -- Contact your insurance agent or company representative immediately with all information relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc your claim. Follow up your phone call with a written explanation of your claim. -- In most cases, an insurance adjuster will contact you within 48 hours after you report a claim. Do not alter the condition of your house before the adjuster inspects it; however, you should take steps to protect your property from further damages by making emergency repairs. -- Make a written record of all damage. If possible, consult your home inventory to make sure all items are accounted for. -- Keep a record of all expenses you incur as a result of property damage, including expenses involved in temporary repairs. Also, include any hotel and meal expenses, since these costs may be covered. -- Take photos of the site after a fire or other disaster. A public adjuster A public adjuster is an an advocate for the policy holder in negotiating an insurance claim. Public Adjusters exist because of the inherent conflict of interest that exists when one person or entity attempts to represent two sides of a financial transaction. , who works for policyholders rather than an insurance company, may approach you. If you choose to work with a public adjuster, you may be asked to sign a contract entitling the adjuster to a percentage of your claim. It is important to make sure that the public adjuster is reputable. For more information on how to work with your insurance adjuster when you file a claim, consult "Team Up," a CPCU Society consumer education brochure. For a free copy, send a SASE SASE - Specific Application Service Element. Opposite: CASE. to: CPCU Society, Communications Department, 720 Providence Road, PO Box 3009, Malvern, PA 19355-0709. The CPCU Society is a community of credentialed insurance professionals who promote excellence through ethical behavior and continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). . The Society's 30,000 members hold the Chartered Property Casualty Underwriter (CPCU(R)) designation, which requires passing 10 rigorous undergraduate and graduate level examinations, meeting experience requirements, and agreeing to be bound by a strict code of professional ethics professional ethics, n the rules governing the conduct, transactions, and relationships within a profession and among its publics. professional ethics liability, n 1. . The CPCU designation is conferred con·fer v. con·ferred, con·fer·ring, con·fers v.tr. 1. To bestow (an honor, for example): conferred a medal on the hero; conferred an honorary degree on her. by the American Institute for CPCU. |
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