For those of us who live in Louisiana, we know it’s not uncommon to be hit with multiple damaging storms in a single season. If you have to pay your named-storm or hurricane deductible for each insurance claim you make in a single season, you could quickly go broke. To that end, states like Louisiana have enacted laws
What to Know About Louisiana’s Single Deductible Statute Read More »
Insurance policies in Florida may have several different deductibles depending on your coverage. It’s important to review your policy terms carefully to understand your financial obligations as certain deductibles can set you back significantly, especially if you aren’t prepared. Deductibles like named-storm deductiblesand wind and hail deductibles can be particularly confusing to homeowners in Florida. Here
What is a Wind and Hail Deductible? Read More »
When dealing with hail damage and other types of property insurance claims, homeowners often find themselves in for a surprise when their claim comes back as denied or underpaid due to a policy exclusion. Whether you knew about the exclusion or not, this can be extremely frustrating. Ambiguous policy language can make understanding the terms and
What to Know About Matching Exclusions Read More »
Living in a hurricane-prone states like Louisiana means that homeowners must be particularly vigilant about their insurance coverage and policy details. One critical aspect that often catches homeowners by surprise is the hurricane deductible. This deductible, which is separate from a standard deductible, can significantly impact how much you pay out of pocket in the
Does Your Homeowners Insurance Policy Have a Hurricane Deductible? Read More »
Some homeowner’s insurance policies in Florida (and other states like Louisiana as well) have what’s called a named-storm deductible. This type of deductible differs from the standard deductible found in your policy. Rather, it only applies when you file an insurance claim for damage caused by storms that have been officially named by the National
What is a Named-Storm Deductible? Read More »
After sustaining hail damage to your home, you want to be able to start the recovery process as soon as possible. That means settling the insurance claim process with your provider promptly so you can begin making roof repairs and fixing damage to other parts of your property. Ideally, this whole process goes smoothly for
What to Do Next if Your Hail Damage Claim Was Denied or Underpaid Read More »
Earlier this year, Louisiana Governor Jeff Landry signed a series of insurance bills into law. In addition to repealing the state’s “three-year rule, newly signed Act No. 3 (formerly Senate Bill 323) introduces significant changes to how bad faith claims and insurance disputes are handled in Louisiana. The changes repeal certain provisions and add reciprocal duties of good faith
Good Faith, Bad Faith and Revised Louisiana Insurance Laws Read More »
As if homeowners insurance companies in Florida didn’t have enough reasons to deny a wind damage claim… Unfortunately, when a named storm makes landfall, insurance providers have come up with yet another one. A History of Claim Denials and Underpayment When a named storm hits Florida, not only does it bring severe weather and property damage
What a Named Storm Could Mean for Your Wind Damage Claim Read More »
In a state like Colorado where we experience more hail storms than almost every other place in the country, it pays to have an advocate who can take the lead on navigating the insurance claim process for you if you do sustain damage. Repairing hail-damaged property costs Colorado homeowners and insurance companies billions of dollars,
Benefits of Hiring an Attorney for Your Denver-Area Hail Damage Claim Read More »
In the wake of Hurricane Katrina, Louisiana lawmakers instituted what became known as the “three-year rule” in which insurers were barred from dropping a policy or raising its deductible after it had been renewed for three years. This law, unique to Louisiana, has recently been repealed. Formerly House Bill 611, Louisiana Act No. 9 gradually relaxes
What Louisiana Residents Need to Know About the Repeal of the “Three-Year Rule” Read More »
