Oftentimes post-disaster, policyholders unfortunately discover that they do not have enough insurance on their property. Preparation and planning in advance surely can help avoid such issues as being underinsured. However, after a loss there are still options available to the policyholder to maximize their financial recovery and minimize their underinsured loss. For further information on this topic, please read our corresponding Adjusting Today article: "How to Make the Most of an Underinsured Loss" Key Takeaways: [1:07] How often are policyholders underinsured? [2:17] How can policyholders ensure they have the proper coverage? [5:36] How often should business owners meet with their insurance company? [6:11] What are blanket policies and how do they affect coverage limits? [8:53] What do policyholders need to do to conduct a comprehensive analysis of their policies? [14:50] Where do policyholders find hidden coverages? [18:40] Is landscaping coverage often overlooked? [23:11] What is third-party recovery and how does it affect coverage? [24:51] How does an insurance company adjuster help with third-party recovery, as opposed to a public adjuster? [29:01] How can the insured request advance payments from insurance companies? [30:35] Why is it important to negotiate during a policy claim? [34:08] What role can tax relief, government benefits and legal assistance play in the insurance claim process? [39:09] Where should people go to find an insurance adjuster in their area?   Panelists: Ethan Gross, Vice President & COO - Globe Midwest/Adjusters International Clay Gibson, Professional Public Insurance Adjuster - The Greenspan Co./Adjusters International C. Todd Thomas, Executive Director of Consulting Services and member of the Society of Risk Management Consultants - Adjusters International   Mentioned in This Episode: Adjusters International ISO Society of Risk Management Consultants