Experiencing a loss is difficult, so imagine telling your personal or commercial lines client their claim won’t be paid because of a simple mistake. That’s a conversation every agent wants to avoid!
Our helpful resource, 7 Common Builders Risk Claim Mistakes (and How to Avoid Them), offers tips to help you learn from the mistakes of others to avoid common errors the next time you issue a policy, which include:
- Incorrectly reporting a project
- Miscalculating the percentage complete
- Misunderstanding when to report Actual Cash Value or Replacement Cost during renovation
- Drafting a project description that is too broad
- And more!
When you follow these tips, you can help ensure your client will be less likely to experience any unwanted surprises, and you’ll build credibility as a reliable agent. Complete the form now to access our free resource, and learn steps to avoid unpaid claims and unhappy clients.