How do I know if my home or business is considered a total loss?

Determining whether your home or business is a total loss can be complex. If you believe that the cost to repair the damage from an incident, such as a natural disaster, is substantial in comparison to the total value of your property, your insurance policy may cover up to the limit of the policy, even if parts of your property were not damaged.

There are also scenarios where your insurance company might be required to pay the total limit of your insurance, regardless of whether the cost to rebuild is less than that limit. This often depends on the specifics of your policy and the extent of the damage.

If you're concerned that your insurance company is not providing the correct amount of compensation for your damages, it's crucial to get a professional evaluation. Contact us today to review your case. Our team is dedicated to ensuring that you recover the amount you are rightfully owed under your policy, especially in cases where your property might be considered a total loss.