New Orleans Insurance Loss Lawyer
New Orleans Property Insurance Claims
In insurance-speak, “loss” is anything of monetary value lost during an accident. The term extends to all kinds of insurance and is the basis for collecting compensation.
The value of the loss or causes of the damage is what your insurance company will dispute in a claim. Your property can endure several kinds of accidents, including:
- Natural Disasters
These types of loss can be further broken down. No matter the kind of loss or claim, rest assured the insurance company will find a way to deny it.
Why Does Insurance Deny My Claim for Total Loss?
The simple answer is money. Insurance companies are businesses and businesses exist to make money. Therefore, it’s not in the best interest of the insurance company to give out money for every claim. Even if they do pay you something, the insurance company won’t want to pay you as much as they could.
When you file a property claim with your insurance company, an adjuster or an engineer will come to your property to inspect any damage.
That adjuster will find a loophole in the damage that gives your insurance company a way out of paying or at least gives your insurance company a way to pay less. It would be best if you had a property claims attorney early in the claims process.
Does My Policy Cover My Property Damage?
A common reason for claim denial by insurance companies lies in your policy coverage.
Home insurance itself does not cover a lot. It’s barebones protection most mortgage companies require homebuyers to have. Think of it like minimum liability insurance for your car.
However, unlike an auto lender, most mortgage companies don’t require you to purchase full-comprehensive insurance. Homeowners insurance policies offer add-ons like:
- Hurricane Insurance
- Tornado Insurance
- Termite Insurance
- Frozen Pipe Insurance
Any damage you can imagine happening to your house has an additional policy for sale. Depending on where you live, these policies can be expensive.
For example, hurricane insurance can be pricey if you live in New Orleans or Miami. Tornado insurance can carry a hefty premium in Tulsa or Fort Worth. Whatever the disaster may be, you need to make sure your homeowner’s policy covers it.
If you believe your policy covers for a specific type of damage and the insurance company denies your claim, it’s time to call an attorney.
How Can An Insurance Claim Attorney Help Me?
If you have a disputed insurance claim, you’re going to need help pushing back against your insurance company, which means you’ll need to find an attorney who has experience dealing with adjusters, bad faith claims, and the general malfeasance of the insurance industry.
A property claims attorney has experience negotiating with insurance company lawyers and is well-versed in the tricks these companies use in court. Generally, you need to retain an attorney focusing on property claims right after the damage happens.
If an adjuster gets to the damage first and makes a case for the insurance company, your claim appeal will be much more difficult. Your lawyer can step in before the adjuster to make sure you have a set of eyes working in your best interest during an inspection. If you wait too long, you should still reach out to an attorney to see what they can do to help.
Don’t wait to call a property claims lawyer until after your claim denial. Call Insurance Claim HQ at 844-542-0264 to make sure you have an advocate on your side.
Types of Insurance Loss
Safepoint Insurance Claim Denial
Theft and Vandalism
Share Your Insurance Denial Experience With Insurance Claim HQ
If you had a property insurance claim denied or underpaid because of a loss in your home, you need an attorney on your side.
Don’t wait around for the insurance company – stop dragging your feet. Call Insurance Claim HQ today for a free consultation on your property loss. We will fight to make sure you are adequately compensated for the claim.
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