American Claims LLC 

Copyright ©​ American Claims LLC.

Call the licensed professionals of American Claims to help with any residential or commercial loss caused by ​fire, water damage, hail, wind damage or collapse.

 (303) 204-1095 or (719) 445-9235

Serving property owners since 1982

Common Misconceptions about Large Insurance Claims as learned by doing large insurance claim consulting in Denver, Colorado and surrounding states

  • You have read and completely understand your insurance policy.
  • All insurance company adjusters are knowledgeable, experienced professionals.
  • Your insurance company is on your side.
  • You have the time, knowledge and experience to successfully negotiate all portions of the claim on your own.
  • The assigned insurance company adjuster will devote most of their time to your claim.
  • The “Preferred Contractor” sent by the insurance company is working for you.
  • You know how to estimate the value of your loss.
  • You must rebuild on the same site, with an identical structure, as the one you lost.
  • It is a good idea to start reconstruction as soon as possible because your insurance company will have to pay for any work you have done.
  • If you have a Replacement Cost Value policy, you will automatically receive whatever it takes to replace your property.
  • The value of your recovery is based on the cost of the new, to-be-built property.
  • If you have a Replacement Cost Value policy and you experience a total loss, you will automatically receive the limits of your policy.
  • When the insurance company says that their Preferred Contractor will fix it for their estimated amount, this is the same as saying they will address all damages to your property for this estimated price.
  • “Guaranteed Replacement Cost” coverage actually means “guaranteed replacement” cost.
  • All water damage is covered. All asbestos claims are not.
  • Damage from Arson is automatically excluded from coverage.
  • Jewelry, watches and furs are automatically limited to $2,500 in coverage.
  • You should not hire a public adjuster because your insurer will cancel your policy.
  • All water damage is excluded from coverage.
  • If your insurance company’s adjuster threatens to cancel your policy, you should back down on your demands for fair and equitable compensation of your claim.