What is a Property Insurance Claim?
A property insurance claim is a request for payment from an insurance company for damages to property, such as a home or business. The insurance company will investigate the claim and may pay for the repairs or replacement of the damaged property.
If you have been the victim of a natural disaster, such as a fire, flood, or hurricane, you may need to file a property insurance claim. Many homeowners and business owners are not familiar with the process of filing an insurance claim, and hiring an attorney to help with your claim can be very beneficial.
An experienced property insurance attorney will know how to navigate the claims process and get you the maximum compensation possible. They will also be familiar with the common pitfalls that can delay or deny your claim.
The cost of hiring a property insurance attorney varies depending on the scope of work involved and the attorney’s fees.
(video transcription) "We work on a contingency basis. So we're contingent upon us being able to recover for the homeowners. So if we're not able to recover for homeowners, the homeowners don't pay us anything, and what's good about working on a contingency basis is that the homeowner doesn't have to pay out of pocket from the start for our fees. So from day one, when we get the lawsuit filed onward, until we're able to either settle, get a judgment against the carrier or get a verdict against the carrier, at that point is when we negotiate our fees with the insurance companies after we're able to settle the homeowner's claim." Securing your home or property with insurance is an important undertaking. Since many factors can influence if a claim is approved, it's important to consult with a lawyer specializing in this area.