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Los Angeles fire victims advised to act fast on insurance claims, seek loan assistance.
Fire victims in Los Angeles are advised to act swiftly to maximize their insurance claims.
Tips include gathering policy details, filing claims quickly, and documenting all expenses and damages.
Insurance attorney Michael Cohen recommends requesting immediate advances for living expenses and emphasizes the importance of keeping thorough records.
The Small Business Administration is also offering emergency loans to those underinsured, with rates as low as 2.5% for homeowners and renters.
Legal experts suggest using photos and receipts to itemize losses and being aware of policy time limits and rebuilding provisions.
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