Property insurance is the shield homeowners use to protect their property from physical damages; vandalism, theft and fire are some of the most common reasons causing property damages. A typical homeowner insurance policy has two key sections; Section I deals with the property of the insured while Section II deals with the provision of personal liability coverage. Any person owning or leasing a home requires suitable property insurance as no home can be secured from unanticipated damages. 
In case of any damage to property it is important that the homeowner takes care of the following important points:

• Protecting the evidence for insurance company’s examination. 
• Calling the insurance company and informing them of the incident.
• Quickly responding to file homeowner insurance claim.

The third point in the list merits special attention. It is important for homeowners to first determine whether or not the particular damages to their property are covered under their insurance policy.

The property insurers use a lot of secret tactics to cheat house owners when point comes to the payoff for the property damages. The insurance industry has accumulated a lot of cash on account of these fraudulent activities practiced by them. Insurance fraudulent activities accounts for about $30 billion a year - or 10 percent - of the insurance industry's property and casualty losses, according to the Insurance Information Institute.

Insurance companies first give you an insurance that you don’t need an attorney to settle out the payoffs but later on they start using dirty tactics to save money in their pockets and settle you on an unfair amount.