Product Insurance

1. Review Your Insurance Policy

• Check the policy to understand coverage limits, claim requirements, and exclusions.
• Ensure that the incident with the power tool falls within the policy’s coverage.

2. Document the Incident

• Take clear photos and/or videos of the damaged tool.
• Record the time, date, and details of how the damage or loss occurred.
• Gather any relevant paperwork, including purchase receipts and maintenance records.

3. Notify the Insurance Provider

• Contact your insurance company as soon as possible to report the claim.
• Provide them with basic information about the incident and tool.

4. Complete Claim Forms

• Fill out any necessary claim forms as instructed by your provider.
• Attach all required documents, such as the tool’s purchase receipt, maintenance history, and incident documentation.

5. Schedule an Inspection (if required)

• Be prepared for an adjuster to visit your shop to inspect the tool.
• Cooperate fully and provide any additional information they request.

6. Follow Up and Confirm Details

• Keep records of all communications with the insurance provider.
• Follow up regularly to track the claim’s progress and provide any further documentation needed.

7. Receive and Review the Settlement

• Once approved, review the payout details and ensure it meets your coverage terms.
• Contact the provider if you have questions about the claim decision or payment.