Scary Story: Rubber-Stamping Claims

Insurance professionals may be tempted to simply approve claims to get them off their to-do lists quicker. One carrier asked their adjusters to do just that for claims under a specific threshold.

Fill out the form to receive your copy of Scary Story: Rubber-Stamping Claims to read an example of a carrier taking this approach and some of its repercussions, including potential claims leakage.

Explore how approving claims without expert assessment could lead to:

• Scope creep
• Settlement for non-damaged items
• Not addressing the actual issue
• Inaccurate settlements based on incorrect market value prices
• Increased premium costs

This Scary Story is a reminder of why swift electronics claims resolutions don’t have to sacrifice accuracy.

Alpine Intel’s content is meant to inform and educate readers using general terms and descriptions. They do not replace expert evaluations that determine facts and details related to each unique claim.