After the devastating Los Angeles wildfires, claimants should promptly document damage, notify insurers, and keep detailed records. Experts advise acting quickly to ensure a smooth insurance payout process.
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US insurers faced sharp declines as wildfire loss estimates in Los Angeles surged to $20 billion, marking one of the costliest natural disasters in recent history, Reuters reports.
L.A.-based Farmers Insurance leads a recent survey of major California home insurers with the lowest claim denial rates. The findings highlight Farmers’ commitment to customer service amid rising industry scrutiny.