Although no disaster is ever easy, sinkholes pose a particularly difficult problem for many property owners when it comes to receiving monetary compensation from their insurance company. Although the telltale signs of sinkholes tend to manifest as cracks in the foundation, flooring, stairs, and walls, many insurance companies initially try to pin the disaster on another cause, making it challenging for homeowners to receive the coverage to which they are entitled.
However, People Claims believes that property owners should receive a fair and accurate settlement on their sinkhole claim. People Claims works to achieve this result by taking into consideration a variety of factors, including replacement costs for the property, depreciation, and the actual value in cash of the property. With this information, insurance companies must offer a fair amount to their policyholders, insuring that all property owners receive precisely what they are owed in a timely manner. By contacting the People Claims Team, homeowners can get out of the hole and back into their lives.