Insuring high-end items, such as yachts, planes, businesses, and homes, should give you peace of mind. The insurance policy should compensate you if your property sustains damage from a natural disaster or another unforeseen circumstance. Sadly, countless South Florida residents file a claim, only to have it denied. You should not have to pay out of pocket to repair or replace insured property, and you shouldn’t have to deal with the insurance company yourself. If you are in Delray Beach and the rest of South Florida, we can help you with high-end property damage disputes.
Insurance companies use various excuses to avoid paying these claims. Often, the claim denials aren’t valid. Instead, the insurance company just wants to save money and hopes you will drop the case. Contact us today to find out if you can recover damages.
Dyson Law PLLC represents clients who have suffered property damage due to various circumstances. These circumstances include:
These are just some of the causes of property damage people experience in Delray Beach and the rest of South Florida. We will analyze your insurance policy to see if your property is covered.
Insurance companies deny claims for various reasons. First, the insurance company might contest the cause or source of the property damage. For example, if you lose your roof in a hurricane, the claim’s adjuster might state that the roof was already damaged before the storm.
Second, companies deny claims by disputing the coverage. Insurance companies create dense legal contracts that can be difficult to understand. Then, they state that certain types of damage are not covered, even though they often are. Third, they might state that the damage was due to your negligence. It’s also possible to deny a claim by saying that you didn’t mitigate the damage after the initial problem. Other reasons for denial include non-payment and making false or misleading statements when obtaining coverage.
If you’ve been denied for these or other reasons, you might think that there’s nothing you can do. However, insurance companies often don’t have the legal right to deny claims.
Dyson Law PLLC fights back against insurance companies by helping clients dispute denied high-end property damage claims. Through our years of practice, our team at Dyson Law PLLC has been able to secure outstanding results for many individuals and families who have suffered harm as a result of negligent and wrongful conduct.
Insurance adjusters often undervalue claims. Then, the companies try to pay much less than what the policyholder is owed. Claims are often undervalued for one of three reasons. First, insurance adjusters often have packed schedules and are in a rush. They might not take the time to review the damage and provide an accurate estimate. Other times, the insurance company will claim that the policy only covers damage up to a certain amount, even when that’s not true. Finally, the company might undervalue a claim in the hopes of saving money. Insurance companies don’t expect people to contest claims, so they think they can lowball their customers and get away with it. Your Delray Beach high-end property damage attorney will stand up to the insurance company on your behalf.
You might be worried about suing the insurance company due to attorney’s fees. However, Florida Statute 627.428 states that insurance companies must pay the attorney’s fees if they lose the case in court. This is true, even if the insurance company made a mistake and did not act in bad faith. You can pursue your claim in court without worrying about having to write a large check when it’s over. Instead, you can receive a check if your case has a successful outcome.
Insurance policies are contracts between the company and the policyholder. If a company denies a claim, you can sue for breach of contract. You have five years from the date of the denial to file a legal claim. If you wait longer than five years, your case will be thrown out, and you will not be able to collect compensation. It’s wise to file the claim early, so your attorney will have access to fresh evidence.