Insurance Money? 9 Best Things to Do First, 3 to Avoid
Experts provide a roadmap to thoughtfully deploy a sudden insurance windfall, as well as some pitfalls to avoid…
Published in
8 min readOct 19, 2024
Years ago, the remnant of a hurricane came through Maryland and dropped half a tree on my house.
It pushed a roof joist through my bedroom ceiling right over where the three-year-old daughter of my then-girlfriend, now wife, slept.
Miraculously, it stopped several feet above her.
She slept right through the whole thing.
After hitting the roof, the tree fell onto my large deck, causing significant damage.
Finally, it bumped against the garage, breaking a window.
That’s where it stopped.
Dealing with the Insurance Company
It took a while for an adjuster to show up, since there were hundreds, if not thousands or tens of thousands of claims statewide.
He looked inside the house and out, taking pictures and notes.
Then he left.
A week or two later, I got a check for about $10k.
