Water is a threat to your home or business. If allowed to leak uncontrolled, it can cause enormous and expensive damage. A burst pipe can be especially costly. The United States Environmental Protection Agency (EPA) explains that a pipe burst occurs when a pipe ruptures it “causes water to gush out uncontrollably.” Are you preparing a burst […]
Louisiana law requires that insurance companies deal with their clients in good faith. This legal requirement means, among other things, that settlement offers should be reasonable and represent a good faith attempt to settle a claim. What Is a Bad Faith Offer The primary example of a bad faith offer is one that is for an […]
In Louisiana, your insurance company has deadlines for responding to your claims. These deadlines are usually either 30 or 60 days. If you have not heard by then, your insurer may be ignoring your claim. So, what should you do if it seems like your company is ignoring you? Is Your Adjuster or Investigator Not […]
As a matter of law, your homeowner’s insurance company is required to treat you and your claim with good faith. An insurance policy is a contract, and all parties to a contract must perform their duties under the contract in good faith. So, how do you go about providing that your homeowner’s insurance company is acting in […]
Louisiana has two bad faith insurance laws, and they both define bad faith as occurring when an insurer acts in a manner that is “arbitrary, capricious, or without probable cause.” In other words, if the denial, settlement offer, or delay is unjustified or unreasonable, the company is acting in bad faith. Acting in bad faith allows your insurance […]
Your insurance company has a contractual good faith obligation to investigate and pay your legitimate claims. How can you tell if they aren’t, and what should you do? Insurance Company Is Not Properly Investigating Remember, even though your insurance company is supposed to pay you money, what they want to do is pay you as little […]
The law states that if an insurance company fails to pay your claim in bad faith, it will owe you the amount of your claim, plus a multiple of your claim of at least a minimum amount (depending on the state), and possibly punitive damages. Hurricane Rita Case for Drilling Platform In this case, the […]
Few things are more frustrating than depending on insurance recovery and having your claim denied. But, you should know that there are ways to dispute any claim denial. These general rules apply to any kind of insurance, health or medical, and property and casualty. Reasons You May Have Been Denied Health insurance Out of network provider […]
Property Damage Floods can happen anywhere, from the West Coast to the Eastern seaboard. You don’t have to be located in an area with storms and hurricanes to experience the extreme expense of a home flood. Many times, floods are caused by weather, but they can also be caused by backed-up sewers and other city-related water […]
When you own a home and purchase homeowner’s insurance, you may sleep well at night knowing you have coverage if disaster strikes. However, do you truly have all the coverage you need? If you have never closely read the fine print of your policy, you may be shocked when your insurer refuses to cover certain […]