WildFire in CA burned Rental House... Insurance tips needed PHOTO

[Brandon P.]

Hi 

I just learned a day ago that my rental house burned down  (see photos) 

I am looking for tips for when calling the insurance company from those that have dealt with home owners insurance fire claims or have insurance industry work experience, 

( I have dealt with an auto insurance claim and it was a real struggle)

Thanks

[Jason Bott]

Originally posted by @Brandon P.:

Hi 

I just learned a day ago that my rental house burned down  (see photos) 

I am looking for tips for when calling the insurance company from those that have dealt with home owners insurance fire claims or have insurance industry work experience, 

( I have dealt with an auto insurance claim and it was a real struggle)

Thanks

 Brandon, sorry to hear.

Given it is a total loss, and depending on how your policy is written, you can rebuild or ask for a payout.

When rebuilding, you will get the loss of rents coverage.

When asking for a payout, the loss of rents will only apply until you receive the payout for the total loss.  Example, if it takes them 45 days to cut you a check to for the total loss, you should be receiving 45 days of loss of rents.

*One thing to consider, the insurance companies and restoration contractors are going to be responding to so many claims.  This will drive up cost and over load everyone.  Be aware that if you choose to rebuild, it will take much longer than it would normally take.

Good luck with it.