All Florida residents understand the importance of preparing for hurricanes and other tropical storms that can cause significant property damage. Florida law requires homeowners to carry a certain amount of insurance that will cover you in the event of a significant loss. However, homeowners sometimes do not realize that not all policies cover flood damage, and this insurance is often only available if you pay additional premiums. Also, some policies limit the amount of coverage provided for wind damage and other types of hurricane-related coverage.
For renters, it becomes even more complicated. Although renters are sometimes not responsible for repairing structural damage, they should still have tenants insurance to cover any damage to their own personal property.
What Is a First Party Property Damage Claim?
After sustaining damage to your property, you can file a first party claim or a third party claim. First party claims are filed with your own insurance company. On the other hand, third party claims are filed with another party’s insurance company. Most property damage claims are considered first party claims.
Understanding Homeowners Insurance
It is important to review the terms of your insurance policy before you file a first party insurance claim. Homeowners insurance policies should typically include:
In most scenarios, homeowners’ insurance provides coverage for damage from hurricanes and other severe storms generally, but a standard policy may not flood insurance or windstorm insurance.
As you can imagine, much of the damage caused by hurricanes and severe storms in Florida results from flooding and windstorm activity. While a standard policy may not include this type of coverage, you can purchase it with your policy.
How Insurance Companies May Try to Devalue Your Insurance Claim
You may have had your insurance policy for a long time. You may even know your insurance agent personally. However, insurance companies do not have your best interests in mind.
When a first-party insurance claim is filed, insurance companies do everything they can to limit the dollar amount they owe to you by doing the following:
Attorney’s Fees in Homeowners Insurance Claims
Florida law states that your insurance company must pay your attorney’s fees at the end of a successfully litigated insurance claim. All legal fees incurred by our law firm are recoverable directly from your insurance company. You will never come out of pocket for our services once your lawsuit is filed. The best way to ensure your rights are protected is to have knowledgeable legal counsel by your side.
How Aventis Law Firm Can Help
When dealing with insurance companies, it may seem that the deck is stacked against you. Insurance companies have professional adjusters who will investigate your claim and attorneys who will defend them from lawsuits. But you don’t have to pursue your first-party insurance claim alone. Aventis Law Firm can help level the playing field and help you recover the full value of your losses.
At Aventis Law Firm, we will work with you to make sure that your insurance company honors the terms of the insurance policy you signed with them. As a former insurance defense attorney, Nicole has the experience and knowledge required to challenge large corporate insurance companies. Now, she represents homeowners, business owners and other property owners, helping them maximize insurance settlement offers.
Schedule Your Free Consultation
We understand the frustration experienced by insureds when insurance carriers deny, delay, or underpay insurance proceeds for valid insurance claims. We are here to fight for you. Call us at (904) 714-8500, e-mail us at email@example.com, or submit the easy online form to request your free legal consultation today so that you can talk to an experienced legal professional about your property damage.