You have likely heard the term “appraisal” used when talking about a home or personal property’s value. For example, real estate is typically appraised when a property goes on the market, or you can have a piece of jewelry appraised to assess its current value. This is one way the term “appraisal” is used. When
What is an Appraisal Clause in Your Insurance Policy? Read More »
If there’s one thing Floridians have learned over the years it’s that we can’t get complacent with storm preparation. The threat of severe storms is always knocking on our doors, and that knock comes loudest during hurricane season. For those of us who have lived here most or all of our lives, we know hurricanes
Hurricane Season is Here: Are You Ready? Read More »
No matter how big or small the claim, hurricane damage to your property can be a major setback financially and emotionally. Not only are you trying to get your home and life back in order after the storm, but you’re also dealing with your insurance company. If, after all this, you discover your claim was
What to Do if Your Hurricane Claim Was Denied in Louisiana Read More »
After going through the entire insurance claim process, you might be feeling worn down and exhausted. It should be easy to recover funds for your property damage, but unfortunately, for too many Coloradans, it’s not. Now, say you go through that entire claims process only to find yourself staring at a check that contains insufficient
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When an insurance company fails to fulfill its obligations to the policyholder in a fair and reasonable manner, it may mean it is acting in bad faith. Louisiana Revised Statute § 22:1973 governs the practices insurance companies must follow regarding their good faith obligations. Specifically, insurance providers have a duty of good faith to adjust and pay claims
What is the Bad Faith Law in Louisiana? Read More »
Homeowners and their insurance companies are bound to each other by contractual commitments. Both you as the policyholder and your insurance provider must fulfill certain obligations as part of your relationship, like you paying your premium on time and your insurance company investigating any claims you may file. Most of the time both parties hold
How Do I Prove Bad Faith in Florida? Read More »
Yes, you have a legal right to dispute a rejected property insurance claim in Colorado. Homeowner’s insurance claim denials come in all forms. Sometimes claims are denied due to simple errors or misunderstandings. Other times the reasons include policy exclusions or coverage limits. To learn more about common reasons claims are denied in Colorado, be sure
Can You Dispute a Rejected Property Insurance Claim in Colorado? Read More »
In Louisiana, the statute of limitations on property damage claims, including those related to homeowners insurance, is typically one year from the date of the incident or discovery of the damage. This statute of limitations is outlined in Louisiana Civil Code Article 3492. Below we’ll discuss what the statute of limitations on property claims in Louisiana means
What is the Statute of Limitations on Property Insurance Claims in Louisiana? Read More »
Insurance companies deny claims for myriad reasons and they vary based on the specifics of each case. In Colorado, as in other states, insurance companies have certain criteria and guidelines they use to evaluate claims. While some denials are legitimate due to policy terms or lack of coverage, there are situations where denials may be
Why Do Insurance Companies Deny Claims in Colorado? Read More »
In Florida, insurance companies are required to settle hurricane claims promptly and fairly. They must respond to your claim within 14 days, and, to avoid a bad faith demand, they should make a claim determination within 90 days. Here are some other things to be aware of if you’ve experienced hurricane damage to your property. If you
How Long Does an Insurance Company Have to Settle a Hurricane Claim in Florida? Read More »
