General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Fire in my apartment!
This morning I received a call from my property manager. She said there was a fire in one of my units which is a duplex. The fire started in one of the bedrooms. That bedroom and the bathroom next to it were destroyed. The roof still needs to be assessed. It was a partial destruction on that unit. I have the property on an LLC. I have called my insurance to report the incident. He has been quick to respond. He wants me to send him a quote. He said he will come to assess the situation and then do the adjustment. This is the first time I have this fire incident. What is the best way to handle a claim like this. I don't want to be taken advantage as a new investor, and someone who doesn't have experience dealing with insurance companies. I am considering hiring a public adjuster. Please share with me your any tips, heads up, or experience on how to better proceed on this claim.