Free Consultation on Insurance Disputes – Contingency Fee Basis
Policyholders are often faced with complicated issues and complex decisions after they suffer a property loss from a hurricane. These decisions and issues can arise while filing a claim with your insurance company. The claim information that is presented can be crucial and the strategy used can be paramount in your settlement.
If you feel like your windstorm, hail, tornado, hurricane, wildfire, water damage or drought insurance claim has been improperly handled, has not been properly paid or if your claim has been unfairly denied, you can call our team of experienced insurance lawyers. Merlin Law Group is The Policyholder’s Advocate®. For nearly three decades, we have dedicated ourselves to standing up against insurance companies and their corporate lawyers.
The key to financial survival of a hurricane is preparation. One way to prepare is to ensure sufficient property insurance coverage.
What determines sufficient insurance for the hurricane season? First, have a clear understanding of:
• who is the insured
• exactly what is covered
• what perils are insured
• when is coverage provided (during hurricane season, continuous coverage is advisable)
• what limitations may exist on the amount of coverage
Recovery for a loss is limited by the stated limits of the policy. Unfortunately, most properties are underinsured. To be made whole after a loss, your policy limits should reflect the value of the property. In most situations, for a complete recovery, it is advisable to purchase Replacement Cost coverage, rather than Actual Cash Value coverage.
Flood damage is specifically excluded from most policies. Flood insurance is critical for all properties in flood- and hurricane-prone regions and is available through the National Flood Insurance Program, FEMA, or authorized private carriers.
Beware of anti-concurrent causation clauses which prohibit recovery when a covered peril and a not-covered peril combine to cause a loss. If a covered peril (wind) combined with the not-covered peril (flood) to cause the loss, the insurer may deny all or a portion of the claim.
Also good to note– many policies automatically suspend coverage when a property is vacant for more than sixty days; however, specialized coverage is available.
For all your preparation before hurricane season, having experienced hurricane claim lawyers and public adjusters after a catastrophe can expedite a full recovery with the insurer and even preclude further loss.
While the video below specifically references Hurricane Ike, the information presented is applicable to all hurricane damage claims.
We represent clients from coast to coast with offices in West Palm Beach and Tampa, FL; Houston, TX; Denver, CO; New York, NY; Red Bank, NJ; Phoenix, AZ; Los Angeles, CA; and Chicago, IL. For answers to your questions from experienced insurance law attorneys call us toll free from anywhere in the US at 877.449.4700.