Filing a home insurance claim can be a complex process. In an ideal case, the insurance company would provide you with the money that is rightfully yours.
The provider should pay you adequately and promptly. Unfortunately, this does not always happen.
Oftentimes, insurance companies attempt to underpay claimants. In some cases, the provider may wrongfully deny a claim.
This might make you wonder, “Do I have a home insurance dispute case?” When you find yourself in a situation like this, it is critical to speak with a knowledgeable legal professional about your case.
The legal team at the law firm of Morgan & Morgan has decades of experience successfully representing clients in home insurance dispute cases. You should not settle for an inadequate payment from a home insurance claim.
When you need premier legal representation, look no further than the compassionate attorneys at Morgan & Morgan. We understand that you may be facing many difficult challenges in the wake of a home insurance claim denial.
Our specialists will fight tirelessly to recover the money that you need to move forward. When you are wondering, “Do I have a home insurance dispute case?” do not wait. Reach out to us for a consultation.
To schedule a no-cost case evaluation to discuss your dispute, fill out the contact form on the Morgan & Morgan website today.
Common Reasons for Home Insurance Claim Disputes
Homeowners and their insurance providers have competing interests. As a homeowner, you want to secure the money you need to repair any damages or problems with your home.
Your insurance provider has a financial interest in denying or devaluing your home insurance claim. This is how insurance companies protect their bottom lines and increase their profits.
Many different situations can result in a home insurance dispute. In any of the following scenarios, you may wonder, “Do I have a home insurance dispute case?”
Some of the most common reasons for a conflict between the claimant and insurer include:
Denial of Claim
When the insurance provider denies a claim outright, it may be grounds for a legal dispute. Sometimes, denials happen because the provider has misapplied an option for exclusion under the particular policy.
For instance, the insurance company may claim that the damage to the home:
- Was pre-existing
- Resulted from neglect
- Resulted from lack of maintenance
- Is not listed in the policy
Before you file a claim with your home insurance provider, make sure to review the coverage that your policy provides. Reviewing your coverage will also make you aware of the maximum value limits on your policy.
Even if your claim is approved, getting a proper valuation for your damaged property can be difficult. Inadequate payments constitute some of the most common disputes between insurance companies and homeowners.
If you feel like your claim has been dramatically undervalued, it is normal to wonder, “Do I have a home insurance dispute case that I can win?” Speaking with an attorney is critical if you have been underpaid from an insurance claim.
Insurance companies typically attempt to secure the lowest valuation of property repair and replacement costs. Once you accept a settlement from your insurer, you waive the right to pursue a legal claim for more compensation.
That is why you should consult with a knowledgeable legal specialist before accepting your insurance provider’s settlement offer.
Many insurance providers do not respond to claims quickly. If you are waiting to hear back from your insurance provider, you may wonder, “Do I have a home insurance dispute case?”
Some delays are the understandable result of many claims at one time. For example, many homeowners are likely to file claims in the aftermath of a natural disaster, such as a hurricane or tornado.
However, sometimes the delay is intentional and strategic. Insurance providers are not rushing to provide claimants with the checks that they deserve.
Insurance providers know that the longer they wait, the more pressure claimants are under to accept a low settlement. Speaking with a knowledgeable tort lawyer can help to expedite the claims process.
An attorney can make the provider aware that you are willing to take legal action if necessary. This may persuade the insurance company to take your claim more seriously and act in a timely manner.