Most Common Mistakes Businesses Make When Filing a Claim

Avoid making these common business insurance mistakes.


After an incident or disaster, it’s important for businesses to file claims correctly. When business owners fail to file a claim, they risk not getting the full reimbursement or no payment at all. To avoid these troubles, it’s worth knowing what common mistakes business owners make and how to avoid these costly errors when filing a claim.


No. 1: Waiting to make a claim

You may be tempted to see if you can get by without having to file a claim after an incident. However, this is rarely a wise choice. Waiting too long to file a claim can put you at risk for receiving a smaller reimbursement. It’s best to call your insurer right away so that they can assess the full damage.


No. 2: Failing to document everything properly

To ensure that you get as much as you can from a claim, be sure to document the damage. Sometimes it’s impossible to wait to begin clean-up and repairs, which is why you should take pictures and videos for insurers to later review. Also document the repair process, recording any clean-up effort and more.


No 3: Not being prepared

Preparation for disaster is the best defense. First, you should talk to your insurance agent to make sure that your business has the right insurance policies in place. You should also keep your inventory up-to-date, install and check fire alarms and sprinkler systems, and have adequate safety measures in place. The more you do to prepare for a disaster, the better the chances of recovery.


When it comes time to make a claim, talk it over with your insurer before something happens. The team at Lou Aggetta Insurance Services can help you to secure reliable commercial insurance to safeguard your organization. Contact us today in Pleasant Hill, California to get started.