Has your homeowner’s insurance claim recently been denied? Here are common reasons that claims get denied, and what you can do to fight back.
Common Reasons for Denied Claims
Deductible not met
If damage occurs and the repair or replacement is less than your deductible, you cannot file for compensation from your insurance company.
Missed filing deadline
You must file within a set timeline, or your claim can be denied. Insurance companies require prompt notification once damages have occurred, so it’s important to file the claim as soon as possible.
Did you miss your last payment? If an accident or damage occurred when your premium went unpaid, you may have missed out on coverage for the incident.…
Homeowners’ insurance is often required by the lender, but what if something really does happen to harm your home? How do you know when to file a claim?
In this post, we’ll go over the top reasons why Florida homeowners file insurance claims – and how a skilled insurance claim lawyer can help.
Many Floridians file claims each year due to theft. It’s wise to install a home security system, keep doors and windows locked, refrain from hiding spare keys outdoors, and having a neighbor or friend check your home while you’re away.
Wind and Storm Damage
Florida has its share of strong winds, especially during hurricane season.…
When you take out an insurance policy with a company, they have a duty to act in good faith and deal fairly with you. To act in good faith, your insurance company must handle your claim promptly, cooperating and communicating with you in a timely manner. Your insurance company should try to find a basis to pay your claim rather than reasons to avoid it, and inform you in writing of specific reasons if it denies your claim. In return you, as the insured party, have a responsibility to pay your premiums on time, submit your claim in a timely and proper manner, and provide all the truthful information that your insurer is entitled to.…
In theory, filing an insurance claim should be relatively straightforward: you submit a claim to your insurance company, an adjuster investigates the facts of the accident to determine the amount you’re entitled to under your policy, and the insurer makes the payment. But that’s just in theory. While filing a claim may go smoothly, many insured Floridians discover that their insurance company is reluctant to pay, gives a lowball offer, or denies the claim altogether.
If the insurance company denies a legitimate claim in bad faith, it could be liable for much more than the original cost of the claim. If you suspect that your insurer isn’t negotiating in good faith, you should speak with a personal injury lawyer as soon as possible.…
Most Pembroke Pines homeowners figure that if they have to file claims on their insurance policies, it will be due to damage caused by a tropical storm or hurricane.
However, one Pembroke Pines couple is in conversation with their insurance company over an entirely different type of water damage. Roland Aguilera and his wife Bertha were getting quotes from contractors, environmental cleanup crews, and insurance adjusters after a vintage 1967 Camaro crashed through their back fence and hedge and into their swimming pool. Aguilera says that it appears as though it will cost over $50,000 to clean up and repair the property.
Though Bertha Aguilera tried to find the silver lining in the incident, noting that if it were not for the pool, the Camaro would have been sitting in her living room, Roland Aguilera had a less optimistic outlook when he was interviewed by the Orlando Sentinel.…
The House Civil Justice Committee got it right this year when they voted down the “Bad Faith Reform” bill (HB 427)sponsored by Rep. Kathleen Passidomo (R-Naples) 8-7. Three of the 8 “NO” votes were made by Republicans, who were evidently not convinced that doing away with Insurance Bad Faith was “business friendly” or consumer friendly, as it was touted.
Rep. Passidomo’s Bill represents the latest attempt by certain members of the Florida legislature to add restrictions to “third party” bad faith claims.
In the State of Florida, every insurance policy vests the right to settle (or not settle) a liability claim with the Carrier. However, if the Carrier decides not to resolve a claim when they can and should, or fails to protect their insured from a verdict in excess of the policy limits, they can be found guilty of “bad faith claims handling”, and forced to pay the judgment, even if it is in excess of policy limits.…
You look out over the water in Fort Lauderdale, Florida, and you instantly think: relaxation, calm, and blue seas to match the blue skies. You see boats of all sizes from sailboats to cruise ships floating seamlessly along the tranquil waters.
What you don’t consider is that you could slip or fall on a boat or yacht, resulting in a serious or even fatal personal injury. It’s not always smooth sailing – every time you step on a boat the possibility of a personal injury exists, much like automobiles, trucks or motorcycle accidents. The difference is Florida has so many boats; Florida leads the U.S. with 982,470 registered boats and close to 1 million nonregistered boats.…
When you have suffered a personal injury in Florida due to the negligence of an individual, company or insurance company, you need a good Florida personal injury attorney. However, how do you choose a personal injury lawyer who has your best interest at heart, that is truly going to fight for your rights?
All personal injury law firms are not created equal, nor are all lawyers. If you are looking for a Fort Lauderdale personal injury attorney, here are some do’s and don’ts when choosing the best personal injury lawyer to advocate your case.
• Contact the Florida Local Bar Association who will be able to recommend a good personal injury attorney familiar with Florida state and federal laws.…
Gary Fineout, 04/04/2011 – 08:09 PM
A measure intended to limit so-called “bad faith” lawsuits against insurance companies appears unlikely to pass during the 2011 session.
“Bad faith” lawsuits are filed against insurers that claim the company failed to financially protect policyholders and did not promptly settle liability claims. Business organizations and insurers have been pushing legislation this year that would set standards for bad faith claims as well limit attorney fees in cases involving motorist coverage.
A House subcommittee spent more than two hours on the bill Monday but Rep. Dennis Baxley was forced to temporarily postpone a vote on HB 1187 even after he amended the legislation.…
How Does Insurance Bad Faith Happen?
ABC Trucking Company, a successful, multi-generational, family business employing 100s of workers, buys $2 million of liability insurance from XYZ Insurance Company to protect it from being put out of business by a lawsuit. ABC pays thousands of dollars in premiums to XYZ over the years, which XYZ dutifully pockets giving nothing in exchange but its promise to be there if a terrible day ever comes. Then, one day, while delivering food to a grocery store, one of ABC Trucking Company’s drivers loses his concentration and runs into the back of a minivan, paralyzing a child. The child’s parents, faced with $8 million of future medical care needs for their child, have a choice.…