How to Get Founders Insurance to Pay Your Claim

Dealing with insurance claims can be frustrating. You pay your premiums on time, but when you need to file a claim, it feels like pulling teeth to get the insurance company to pay up. I’ve been there before, so I understand how aggravating it can be.

In this post, I’ll share my tips for getting Founders Insurance to pay your claim, based on my own experience navigating the claims process with them.

Submit All Required Documents

The first step is making sure you submit all of the necessary paperwork and documentation to Founders Insurance. They’ll provide you with a checklist of what they need – be sure to track down every item on it.

Some standard documents they’ll likely request include:

• Police reports for incidents like theft or vandalism
• Repair estimates from vendors
• Photos documenting damage or losses
• Receipts for temporary repairs or replacements
• Medical records related to injuries (if applicable)

The more complete your documentation, the faster Founders can process your claim. Don’t let missing paperwork slow things down

Be Detailed When Describing the Incident

Provide Founders with a complete written statement detailing what happened. Be as specific as possible – include dates times, locations witnesses, etc. The more information you give them, the better they’ll understand your situation.

If your claim involves injuries, describe symptoms thoroughly and list all medical treatment received. For property damage, document every item lost or affected. Give them the full picture so there’s no room for doubt or confusion.

Keep a Record of All Correspondence

As your claim works its way through the system, keep a written record of every interaction you have with Founders Insurance. Note names, dates, and details of each phone call, letter, or email.

Having this documentation comes in handy if any disputes arise or information gets miscommunicated along the way. You’ll have solid evidence to back up your side of the story.

Follow Up on a Regular Basis

Don’t just submit your claim and wait around hoping for the best. Follow up regularly to check status, provide any additional details needed, and keep things moving forward.

Ask what the next steps are in the process and when you can expect to hear back. If you go a week without hearing from your claims adjuster, don’t be afraid to call and politely ask for an update.

Persistence and proactive follow-up shows Founders you’re serious about getting reimbursement for your loss.

Be Cooperative, But Don’t Settle Too Quickly

While you want to maintain a cooperative working relationship with Founders, don’t let them push you into a lowball settlement before you’re ready.

If their initial offer seems unfairly low, tell them politely it does not adequately cover your damages. Provide documentation to justify asking for a higher amount. Negotiate calmly and rationally.

Settling too quickly just to get it over with means leaving money on the table that could help cover your costs. Hold out for a fair reimbursement.

Request a Re-Evaluation if Denied

If your claim gets denied, don’t give up. You can request Founders Insurance re-evaluate the decision. Be polite yet persistent in asking them to take a second look.

Provide any new evidence or information that might change their minds. Highlight aspects of your case that may have been overlooked initially. Calmly explain why you believe you’re entitled to coverage under your policy.

Many denied claims get approved if policyholders take the initiative to politely request re-assessment.

Involve State Insurance Regulators if Needed

As a last resort, you may need to involve your state insurance regulators in resolving a persistent dispute with Founders. Regulators have authority to review claims handling and compel insurers to comply with fair claims practices.

File a complaint with your state insurance department if Founders steadfastly denies your valid claim or drags their feet endlessly on payment. Your policy likely covers the right to seek regulatory assistance, so don’t hesitate to leverage it when needed.

Consult an Attorney for Help Navigating the Process

If your claim is especially complex or Founders simply refuses to budge, an insurance litigation attorney can help advocate for you. An experienced legal professional knows how to handle recalcitrant insurers and maximize claim payments.

Lawyers are able to review your policy, pinpoint relevant laws and regulations, gather supporting evidence, and negotiate assertively on your behalf. Their expertise can give you an advantage in resolving payment disputes.

Don’t Give Up!

I know it’s frustrating when you have to fight tooth and nail just to get an insurance company to fulfill their basic contractual obligations. Founders may not make it easy, so you have to be even more persistent.

Stay organized, document everything, and keep pushing for the fair reimbursement you deserve. Maintain a professional tone while standing up for your rights under the policy. With concerted effort, you can successfully get Founders Insurance to pay your claim.