American Society of Appraisers NYC Chapter’s Post

New Blog Alert: Title Insurance & Estate Planning - Essential for Passing Down Real Estate Assets 🏠 Looking to protect and pass down your real estate assets? Our latest blog post breaks down the key considerations for including title insurance in your estate planning. Dive into expert insights to ensure a smooth transition of your property to future generations. Click the link below or visit our website to explore this article and many more of our blogs! https://lnkd.in/eeefJ_9f #TitleInsurance #EstatePlanning #RealEstate #BlogUpdate #ProtectYourAssets #FuturePlanning

If you lodge a claim on one of your policies, understanding how the system works can make the process smoother and less stressful. So, what are the steps? (Spoiler: it’s much easier than you think!) 🙌 #1 Initiating the claim Notify Mckillops as soon as possible after an event, by giving us a call, sending us an email, or heading to our website. #2 Provide info It’s helpful to have all the necessary information to hand when you contact us. This could include your policy number, and details about the incident, evidence such as photographs, video footage, documents, proof of purchases, quotations, police reports etc. By doing this, we can get your claim processed faster. #3 Await assessment Once your claim has been lodged, your insurance company may allocate it to an assessor. It’s their job to determine whether you are eligible for a settlement and, if so, what that settlement should comprise. #4 Accept the settlement If your claim is accepted, the insurer will offer you a settlement in accordance with the terms of your policy. This may include repairing or replacing damaged property, reimbursing expenses, or providing financial compensation for your losses. When you choose McKillop Insurance Brokers, we can support you through the process, liaising with your Insurer and advocating for the best outcome. The team at Mckillops can help you determine whether you have the right insurance to help safeguard your business and its assets against damage, disruption and loss. Call us today to chat with a friendly member of the Mckillops team (03) 6331 2066.

Change is an inevitable part of the real estate and insurance industry, but are we adapting to this shift? The ongoing foreclosure case of the Lauderdale Lakes office building is a sharp reminder of the detail-oriented work required by insurance adjusters in this shifting landscape. Amidst these complexities, one critical question that adjusting firms often neglect is - Are our insurance policies evolving with changing property status? The foreclosure proceedings and potential redevelopment of this property present a myriad of issues related to insurance coverage for current and future owners. This distinction underscores the value of expert claims management and adjustments. Adjusting firms need to reflect on their strategies - Are we proficient in handling distress claims? Do our policies require re-adjustment to match the changing scenario? As an experienced insurance adjuster, I can address these lingering questions and provide valued guidance. If you’re treading waters in this ever-changing insurance environment, feel free to reach out. Let’s shape the industry’s future, one claim at a time. #InsuranceAdjusting #PropertyForeclosure #ClaimsManagement #IndustryLeadership #InsuranceCoverage

Property inspections are pivotal in the claims process, providing invaluable insights into damage assessments. At Premier Claims, we prioritize meticulous inspections to set your claim up for success! Learn more about our proactive approach and commitment to advocating for policyholders. https://lnkd.in/giBNtBsy #PremierClaims #Insurance #InsuranceClaim #ClaimsProcess #PropertyInspections #PublicAdjuster #PropertyDamage

Clarifying the Confusion: Loss Assessors vs. Loss Adjusters In our industry, one of the biggest sources of confusion is distinguishing between 'Loss Assessors' (that's us) and 'Loss Adjusters.' To help demystify the difference, we've created a comprehensive guide on our website. Check out our latest page at https://ow.ly/OMmN50QqTA3 to gain a clear understanding of the unique roles each plays in the insurance process. Let's navigate the terminology together. #LossAssessors #InsuranceClaimSupport https://lnkd.in/eSu7QzQJ

MYTH: “Title insurance is just another unnecessary expense during the home buying process.” 🚫 Many believe it’s an optional safeguard that only adds to the pile of closing costs. However, this myth couldn’t be further from the truth! FACT: Title insurance protects you from unforeseen claims against your property’s title that could jeopardize your legal ownership. ✔️ Unlike other insurance types that cover future events, title insurance covers potential past discrepancies like liens, forgeries, or unknown heirs. It’s a one-time investment for peace of mind as long as you own your property. 💡 Protect your biggest investment. Dive deeper into why title insurance is essential in securing your property rights. ------ 🌐 https://titlenowfl.Com/ . . . . #TitleInsurance #RealEstateTips #HomeBuying101 #PropertyOwnership #InvestSmart #MythVsFact

What day is it? January 457? It's so cold outside, i hate winter. Anyway, don't let your pipes freeze. Here's some information on how to protect your home. #homeownership #insurance #coldweather #homemaintenancetips

MYTH: “Title insurance is just another unnecessary expense during the home buying process.” 🚫 Many believe it’s an optional safeguard that only adds to the pile of closing costs. However, this myth couldn’t be further from the truth! FACT: Title insurance protects you from unforeseen claims against your property’s title that could jeopardize your legal ownership. ✔️ Unlike other insurance types that cover future events, title insurance covers potential past discrepancies like liens, forgeries, or unknown heirs. It’s a one-time investment for peace of mind as long as you own your property. 💡 Protect your biggest investment. Dive deeper into why title insurance is essential in securing your property rights. ------ 🌐 https://titlenowfl.Com/ . . . . #TitleInsurance #RealEstateTips #HomeBuying101 #PropertyOwnership #InvestSmart #MythVsFact

If you want to gain a potpourri of ideas and matters and possible solutions for our property insurance, all of which real estate agents have brought up in our real estate C.E.s, read this piece. It's worth the 6 minutes. A reminder, the bulk of our current property insurance premiums are reinsurance costs: https://lnkd.in/gHAai2bs

🏡✨ Title Tuesday! ✨🏡 Today, we're peeling back the layers on Title Insurance Commitment. This quick snapshot gives you the basics, but there's so much more beneath the surface. 📜 Over the next few weeks, we'll dive deeper into Title Commitment, breaking down its complexities and answering all your burning questions. 🧐 Stay tuned as we unfold the intricacies of title insurance and show you how it protects one of your most significant investments - your home. 🏠💼 #TitleInsurance #Homebuying #RealEstate #TitleCommitment #Weichert #WeichertTitleGroup #WeichertTitle #TitleInsurance #Insurance #OursisBetter