Investigation of Mold Claims of Bodily Injury or Property Damage

Because multiple exclusions in a CGL policy or other liability policy may involve an adjuster, an insured or the attorney for either, the adjuster starting an investigation should protect the insurer from potential misunderstanding or inadvertent waiver of the insurer’s rights. In that regard the adjuster should make immediate, but no later than 24 hours after notice is received, contact with the insured. The insured should be asked at the first meeting to sign a non-waiver agreement that is a contract where both the insured and the insurer agree that the investigation of the claim will not waive any of the rights the insured and the insurer have nor will eith
er be estopped as a result of the investigation.

The first contact by the insurer with the insured should advise the insured of the following:

the full name, address, and telephone number of the adjuster;
a description of the coverages available to the insured;
a statement of the periods of time the insurance is effective;
the insuring agreements that may provide coverage to the insured;
the conditions with which the insured must comply;
any forms the insurer requires that the insured submit to the insurer;
the investigation the insurer intends to conduct;
the request for a non-waiver agreement; and
the need to submit a sworn statement in proof of loss no later than 60 days after the request unless the time is extended in writing.

The brief description of available coverages should be made orally at the initial telephone contact and followed up with a written description. site for the insurance claims professional and anyone who wants to know something about insurance, insurance claims, insurance coverage, and insurance law.

Видео Investigation of Mold Claims of Bodily Injury or Property Damage канала Barry Zalma