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Tips on Buying Insurance

By Ben Steverman - 2011-09-14T20:16:16Z

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Company Symbol % Change
Berkshire Hathaway Inc BRK/A:US -0.17
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Protect Your Claim

In the aftermath of a disaster, victims are often eager to rebuild. Rushing into rebuilding can be dangerous. There are shady contractors who prey on recent disaster victims by trying to lock them into reconstruction contracts. Also, insurance companies may offer quick settlements that don't fully compensate victims. Public insurance adjusters say homeowners should keep a log of every interaction they have with their insurance companies. "If you have to litigate, those notes and records would be invaluable in winning your case," says public insurance adjuster Kunz.

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