Homeownership carries a lot of responsibility as you are responsible for all repairs and maintenance of your property in order to retain its value and security. Because of this, it is important to carry homeowner’s insurance to cover unexpected events such as fire, storm damage, burst water pipes, and other events that can cause damage to your home. Depending on the damage that occurred, you may also need funds for temporary housing while your home is being repaired.
Most mortgages require that homeowners carry property damage insurance to protect themselves from the financial consequences of unexpected damages. But unfortunately, when residential property owners suffer damage, their insurance companies are not always responsive to their claims. If your residential property has been damaged as a result of a covered event and you are having a difficult time with your insurance company, Kagan Law Firm can help you.
- Our attorneys have experience negotiating with insurance companies and compelling them to uphold their obligations outlined in your policy
- We will help you recover the most possible compensation for your losses while you focus on managing your day-to-day responsibilities and repairing your home
At Kagan Law, we understand how stressful it can be when your home security is threatened by a difficult insurance company and we will fight for you to get the full and fair compensation you deserve so that you can repair the damage to your property. Call us today at (954) 300-1068 to schedule a free consultation with one of our Florida residential property damage lawyers.
Common Reasons Your Insurance Company May Deny Your Residential Property Damage Claim
Although your homeowner’s insurance is supposed to cover damage to your home, there are limits to what your insurance will cover, and those limits are usually stated in your policy agreement. However, even when the damage is caused by a covered event, your insurance company may still try to avoid paying you the full value of your claim. Some of the more common reasons why the insurance company may deny or reduce the value of your claim include:
- Uncovered event
- Delayed filing
- Failure to mitigate loss or carry out temporary repairs
- Lapsed insurance coverage
- Damage caused by homeowner’s negligence
- Suspected fraud
Your claim may also be denied for failure to provide supporting evidence of the damage or the cause of the damage. It is always a good idea to keep receipts and take photos of your property in case you need to file an insurance claim. You should also create an inventory of all your personal belongings and include their value to reference in case of damage. These steps will help you quickly identify your losses in the event of a burglary or other covered event and will make the process of filing your claim easier.
Speak with a Florida Residential Property Damage Insurance Attorney Today
Let us help you settle your residential property damage claim. Contact the Florida residential property damage attorneys at Kagan Law Firm. Call us at (954) 300-1068 to set up a free consultation.