Aftermath of the Fires in our Communities

Team Insurance & Financial Services, Inc. has 4 owners with a combined 100 years of insurance experience. And a sales staff with a combined 19 years’ experience. Our service staff with combined years of experience of 25 years. We have a total of 144 years to assist you in your claims and insurance needs.

We have compiled a list of things to remember while we go through this rebuild process together.

  • Please remember when you are dealing with insurance companies in the claims process they are required to follow state law.

  • If you do not understand what the claims representative is telling you, reach out to our staff, and we can guide you in the claims process.

  • We are reminding all our clients to continue to pay your homeowners insurance premiums and be sure your current home policy remains in force during the rebuild process.

  • If you acquire temporary housing during your rebuild, your current insurance will extend to a rented home or an apartment with liability and personal property coverage. Also, your new home will be covered during the course of construction process. Your liability will remain in place during this process as well. You will not need to obtain any other policy during your rebuilding process.

  • If you are going to do “owner/builder” please make sure you discuss your options with your insurance company. All insurance companies offer workers compensation coverage on a homeowners policy but this is limited coverage and refers to your policy wording as in-servants and out-servants only. We are recommending that our customers obtain a workers compensation policy from State Fund during the rebuild process. We, at Team Insurance, can help you in acquiring such coverage. Again, have the discussion with insurance company first.

  • With all of the home losses, there will be many out of the area contractors offering their services. We are recommending that you do not give any money or sign any contracts until you do your homework. Get a copy of the driver’s license, social security number and contractor’s license number. With this information you can run a background check to verify who they are. Also request a copy of their insurance policies to verify coverage. Workers compensation, general liability and business auto policies should all be covered and a certificate of insurance should be obtained before your rebuild begins. Call the insurance agency to make sure their policies are in good standing and if they would offer a recommendation on their behalf.

  • Most importantly, stay in touch with your agency! They can help you in this process. If you are not one of our clients, we can help you understand your policy at no cost to you.