At Ganley Family Insurance, serving the greater Brecksville, OH area, we never want to see our customers affected by theft. Unfortunately, it is a scenario that plays out frequently. If your home was burglarized, you may be looking to file a home insurance claim for theft. Here is what you can expect as you go about filing this claim.
Filling Out and Obtaining a Police Report
After a theft has occurred at your home, the first thing you will want to do is file and obtain a police report. When you go to file an insurance claim, you will either need to submit the report number or a copy of the report with your claim. If you do not report the theft to police, it is likely your home insurance claim will be denied.
Filing a Claim
After you have a police report, you will need to file a homeowners insurance claim. You will need to have your name and your policy number with you when you file. Depending on your insurance company, this process may be done in person, over the phone or via the Internet. Be prepared to provide as much detail as you know, such as when the theft occurred and what items are missing.
Waiting for Payment
After a home insurance claim has been filed, you will have to wait for payment. Most insurance companies have a waiting period for theft that is usually 14 to 30 days. This allows the police time to possibly find and recover your belongings. Once the waiting period is up, a check will be cut for fair market value of your items, less any deductible that you have.
Having the right home insurance coverages in place can help to protect the value of your belongings in case of theft. If you are unsure if you have the right policy limits or need to change your policy, contact Ganley Family Insurance, serving the greater Brecksville, OH area. We can look over your policy or write up a new one, to ensure you are fully covered in case the unthinkable happens. Call us now to get started.