Yes, damaged panels can be dangerous. Broken panels can release toxic components such as arsenic, lead, silicon, and cadmium. A professional removal process is the safest way to address damaged panels.
Will making a claim for water damage affect my homeowner’s insurance premiums?
The answer is contingent upon the policy. Some homeowner’s insurance policies may cover water-related mold damage, whilst others may not.
No, a reservation of rights letter means that the insurance company is still investigating the claim and has not made a final determination about coverage. It indicates that the insurance company claims there are potential issues or exclusions that could affect coverage.
It is not necessary to sign a reservation of rights letter because it is not a contract or agreement. However, you should respond to the letter after contacting an attorney to avoid a potential waiver of rights.
Yes, you can try to negotiate with your insurance company to reach a mutual agreement However, it is important to have an experienced insurance claims attorney on your side to protect your rights and interests during this negotiation process.
You may be entitled to claim damages for the cost of repairs or replacement of your property and other expenditures caused by a third-party’s negligence.
No, you cannot pursue a claim for bad faith against a third-party insurer if the liable party is uninsured. You may need to initiate a lawsuit directly against the liable party in such situations.
A policy exclusion on your home insurance indicates a scenario that is not covered. Most home insurance policies tend to exclude some perils like normal wear and tear, foundation failure, construction defects, nuclear hazards, intentional loss, and pet damage.
The timeframe for filing an insurance claim for hail damage can vary depending on your policy and insurance company, but generally most companies give up to one year from the day of the hailstorm. It’s important to review your policy and contact your insurance company as soon as possible after discovering the damage.