What should an insured do immediately after a loss occurs?

When a loss occurs, the insured should prioritize contacting their insurance company to provide details of the loss. This action is crucial as it initiates the claims process, allowing the insurer to assess the situation and determine the coverage applicable for the damages incurred. Providing timely and accurate information about the incident helps in expediting the claims handling process, ensuring that the insured can receive the necessary assistance and funds for repairs or replacements.

While some scenarios might involve filing a police report, especially in cases of theft or vandalism, the immediate step should concentrate on notifying the insurer. Making repairs before consulting the insurance company can complicate the claims process, as the insurer must be able to assess the damage in its original state. Consequently, waiting for an insurance renewal date is not relevant immediately after a loss occurs and does not address the steps necessary for addressing the loss at hand.

Thus, contacting the insurance company aligns with the best practices following a loss situation, ensuring the insured is appropriately guided through the claims process.