Understanding Your Insurance Company's Late Policy

Understanding your insurance company's late policy is very important. Failure to understand the late policy could result in the cancellation of your policy. When selecting an insurance company remember to understand your commercial policy coverage and ask the following questions regarding the company's policy on payments:

• When does my payment have to be received in order to be on time?
  
• Does the payment need to be postmarked by a certain time?
  
• In what office does the payment need to be received?
  
• How do you issue a cancellation policy? Will it be a part of the bill or separate?
  
• Do you have a maximum # of late payments that are allowed before you cancel my insurance policy permanently?"

For all your Tulsa, OK. commercial insurance needs, contact Mike Tedford, Tedford Insurance at 918-299-2345 or www.tedfordinsurance.com.

For all your Tulsa, Oklahoma commercial real estate needs, contact Darryl Baskin, McGraw Realtors at 918-258-2600 or www.darrylbaskin.com.

Handling an Insurance Claim..

When property owners file an insurance claim, many times, they find that insurance adjusters can't answer questions about their policy. That's because, many times, insurance adjusters are sub-contracted by the insurance company and are not familiar with your specific policy. To help alleviate that problem, make sure that you ask plenty of questions about your policy before you purchase it. Find out what is covered and what isn't. Also keep in mind that many policies stipulate that you have to file a lawsuit within 1 year of the claim or you will waive any right to do so. If there are problems with your claim, you may need to file a lawsuit before the year is up in order to make sure that your time doesn't run out and you are stuck with repairs that you can't pay for. To avoid being put into that position, work ahead, ask questions, and do your research.

For Tulsa Area Commercial Property Insurance, contact Mike Tedford of Tedford Insurance at 918-299-2345 or www.tedfordinsurance.com.

For legal advice on insurance claims in Oklahoma, contact Paul Boudreaux of Richardson, Richardson, Boudreaux at 918-492-7674 or www.rrblawok.com.


For Tulsa Maintenance Professionals, visit www.tulsahomecare.com or talk to the professionals listed here:

Commercial Roofing Repairs in Tulsa, Judy Smith, A-Best Roofing, 918-587-1426 or www.abestroofing.com
Disaster Restoration in Tulsa, OK, Roger Fisher, PCC Cleaning & Restoration, 918-641-1111 or www.pcccr.com
Commercial Plumbing Repair in Tulsa, Markwayne Mullin, Mullin Plumbing, 918-258-6636 or www.mullinplumbing.com
Tulsa Heating and A/C Repair, Stephen Taylor, Air Assurance, 918-258-HEAT or www.airassurance.com

How to Understand Your Insurance Company's Late Policy!

One of the main things that customers need to know about their insurance is what type of policy coverage they have, what type of insurance company they have, and what type of policy the insurance company has on payments. When considering what type of policy your insurance company has on payments, ask theses questions:

1. When does my payment have to be received in order to be on time?
2. Does the payment need to be postmarked by a certain time?
3. In what office does the payment need to be received?
4. How do you issue a cancellation policy, will it be a part of the bill or separate?
5. Do you have a maximum number of late payments that are allowed before you cancel my insurance policy permanently?

To ensure you have the proper insurance coverage for your Tulsa, OK commercial property or for more questions, contact Mike Tedford of Tedford Insurance at 918-299-2345 or www.tedfordinsurance.com.

For all your Tulsa, OK area commercial real estate needs, contact Darryl Baskin, McGraw Realtors at 918-258-2600 or www.darrylbaskin.com.