After any major weather event, home and business owners that invest in protecting their properties with storm damage insurance should have no problems covering the repairs for their damaged home or enterprise. Unfortunately, even policy holders that pay their premiums without default can be denied, delayed, or underpaid. Experts at Phipps LLP shed some light on the symptoms of these unfortunate fates.
Denied storm damage property claims are straight forward. This sort of issue occurs when policyholders who file a claim are completely denied any funds to cover their property damage and are left to figure it out on their own.
Delayed storm damage property claims are characterized by the amount of time the insurer takes to estimate the damage, make adjustments to the valuation, and provide a claim settlement figure. If this process is unnecessarily delayed, policyholders may be due money.
Underpaid storm damage property claims deal with how an insurance company evaluates property damage and the adjustments that are made to validate the repairs of the roof. Sometimes these adjustments are discovered to be improperly imposed and damages may be collected by a policyholder.
Acting on good faith works both ways and accountability is never optional. If any of these scenarios describe your situation, avoid the storm damage nightmare. Don’t be S.O.L on your S.O.L. Phipps LLP offers a free, no obligation case review process where you can speak with an attorney and our legal staff at no charge to assess your insurance policy. Let us help you find peace after the storm. Contact us today at 800-730-HAIL or fill out our contact form and one of our bilingual client specialists will reach out immediately.