Property Insurance Coverage Law

OCTOBER 3, 2024

Filing a property insurance claim can feel unfamiliar to many. However, once you’ve submitted your claim, there are key steps you can take to ensure the best possible outcome. Here’s a guide on what to do next, from tracking your claim to ensuring your rights are protected.

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Insurance Claim Claim Property Insurance Insured 189

Property Insurance Coverage Law

OCTOBER 6, 2024

I have received numerous calls from furious Hurricane Helene policyholders after learning how little coverage is afforded for the non-elevated floor of a multi-story building under their flood insurance policies. Refer to the Visual Flood Adjusters Use appeared first on Property Insurance Coverage Law Blog.

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Building Insurance Claim Claim Policyholder 130

Property Insurance Coverage Law

SEPTEMBER 28, 2024

Many insureds and even insured representatives have never dealt with a flood insurance claim and the intricacies of the National Flood Insurance Program. Resources are available at … The post Navigating Flood Insurance Claims from Hurricane Helene appeared first on Property Insurance Coverage Law Blog.

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Insurance Claim Claim Property Insurance Insured 185

Insurance Journal

SEPTEMBER 25, 2024

Citizens Property Insurance Corp., Florida’s largest insurer, has suspended policy binding ahead of predicted Hurricane Helene, and a board member asked if the carrier could do more to help policyholders manage flood insurance claims from the looming storm. “My question …

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Claim Policyholder Property Insurance Insurance Claim 279

Property Insurance Coverage Law

OCTOBER 22, 2024

Policyholders and public adjusters need to be aware that National Flood Insurance claims are very technical with demanding deadlines that must be met.

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Claim Policyholder Property Insurance Insurance Claim 154

Property Insurance Coverage Law

SEPTEMBER 5, 2024

Insurance companies that wrongly deny or underpay property insurance claims are finding a golden financial opportunity that provides an incentive for them to wrongfully underpay and deny claims—they escape the payment of the replacement cost valuation they promised to their policyholders.

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Policyholder Property Insurance Insurance Claim Claim 126

Property Insurance Coverage Law

NOVEMBER 2, 2024

As the traditional insurance market continues to harden, policyholders are increasingly exploring parametric hurricane insurance as a complement and sometimes a substitute to their existing property insurance coverage. What Is Parametric Hurricane Insurance?

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Property Insurance Policyholder Insured Insurance 130

Property Insurance Centre

MARCH 19, 2024

Understanding Consumer Education and Property Insurance As an informed consumer, education on consumer rights and property insurance is crucial. It empowers individuals to make informed decisions about insurance coverage and understand their policy rights.

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Property Insurance Policyholder Insured Insurance 52

Bankers Insurance

AUGUST 8, 2024

THE IMPORTANCE OF ACCURATE VALUATION IN COMMERCIAL PROPERTY INSURANCE When purchasing or renewing commercial property insurance , it’s important for businesses to ensure their coverage includes correct property valuations. Additionally, property undervaluation can result in coinsurance penalties.

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Commercial Property Property Insurance Commercial Out-Of-Pocket 59

Property Insurance Coverage Law

OCTOBER 8, 2024

While speaking at the Florida Association of Public Insurance Adjusters Fall Conference regarding National Flood Insurance claims, I promised to blog about a recent case that made its way through the federal courts.

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Insurance Claim Property Insurance Claim Insured 185

Property Insurance Centre

JANUARY 4, 2024

Emerging Property Insurance Trends 2024 Welcome to our guide on emerging trends in the property insurance industry. As we dive into the evolving landscape of property insurance, it’s important to stay informed about the latest trends and challenges affecting the market. Hurricane Harvey 2017 92.0

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Property Insurance Commercial Property Liability Premium 52

Property Insurance Coverage Law

SEPTEMBER 26, 2024

Consequential damages play a significant role in both contract law and insurance claims, but they operate under different frameworks and have distinct implications depending on the context. Consequential damages in insurance claims are indirect losses resulting from — but … The post What Are Consequential Damages?

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Damage Property Insurance Insurance Claim Claim 100

Insurance Journal

AUGUST 25, 2024

Simply mailing a cancellation notice to a policyholder, when viewed in the context of other indicators, was enough to comply with state law and void a homeowner’s insurance policy shortly just weeks before a fire destroyed a home, the North …

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Policyholder Insurance Policy Policy Insurer 285

The Property Insurance Law Observer

JULY 25, 2024

June 24, 2024) offers valuable lessons for policyholders regarding the importance of cooperation in the insurance claims process. In Marcantel , the plaintiff suffered damage from Hurricane Laura at two properties in Louisiana. The recent decision of Marcantel v. State Farm Fire , No. 2:22-CV-01511, 2024 U.S.

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Damage Personal Property Policyholder Claim 130

Property Insurance Coverage Law

AUGUST 7, 2024

Wildfire season is here, and if you’ve experienced a loss, navigating your insurance claim can be daunting. Here’s what Californians need to know on day one to get your claim off on the right footing. appeared first on Property Insurance Coverage Law Blog.

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Property Insurance Insurance Claim Claim Insured 147

Insurance Journal

SEPTEMBER 11, 2024

Mississippi’s insurance commissioner is reminding policyholders that once Hurricane Francine moves across Louisiana, it will likely bring strong winds and heavy rains to the western part of the Magnolia State. And residents should be prepared by reading their insurance policies, …

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Policyholder Insurance Policy Policy Insurer 147

Property Insurance Centre

JANUARY 30, 2024

Claims History: Disclose any previous insurance claims made on the property, including the date, total cost, and details of the claim. This information helps insurers assess the risk profile of the property. This includes their names, contact information, and any relevant claims history.

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Insured Insurance Insurer Building 52

Property Insurance Centre

SEPTEMBER 25, 2024

By following these tips, you can ensure you have the right building insurance policy in place to protect your property and avoid potential pitfalls. Navigating the Building Insurance Claims Process When disaster strikes, it’s essential to know how to navigate the building insurance claims process.

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Building Insured Insurance Insurer 52

Property Insurance Coverage Law

NOVEMBER 7, 2024

In a significant development for policyholders affected by Hurricanes Helene and Milton, House Oversight Democrats have taken decisive action to protect hurricane victims from potential insurance fraud.

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Insurance Claim Claim Policyholder Property Insurance 210