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Written by admin on October 21, 2022 at 12:57 PM.
You’re not the first to have your homeowners’ insurance claim denied. Insurance companies deny claims every single day — sometimes for legitimate reasons, sometimes in error, and sometimes for reasons no one understands. However, there are steps you can take to challenge your homeowners’ insurance claim denial.
What follows are a few tips for when you have a homeowners insurance claim denied when you have suffered property damage.
There are many reasons why a homeowners insurance claim can be denied. Some common reasons for denied claims include:
By understanding these common reasons for denied claims, homeowners can take steps to prevent them from happening. This may include purchasing additional coverage, keeping their property in good condition, and properly filing claims in a timely manner.
Be aware of what your insurance policy covers. You should receive a formal denial letter rejecting your claim. This letter usually explains the reason for your claim denial. It will explain the specific language in your policy that justifies why your claim was denied. Read the letter carefully, and compare their explanation to your understanding of your policy. If there is a legitimate reason for denying your claim, i.e., the premium wasn’t paid, the type of loss is explicitly excluded from your coverage, or additional coverages weren’t in your policy, there is nothing more you can do.
However, if after comparing their explanation to your understanding, you still believe your property damage should be covered, immediately contact your insurance company’s claims adjuster and your insurance representative. Persuading an insurance adjuster to reverse a claim denial is difficult, but if the insurance coverage was promised in your homeowners’ policy, you have a case to fight.
Arguing your case with insurance carriers and claims adjusters could be like fighting with a brick wall. You will need to file a formal appeal. Time is limited, however, and the clock starts ticking when your claim is denied. This period varies according to state law; for example, it’s 15 days in the state of Texas (via Forbes). The appeals process should be outlined in your homeowners policy.
Filing a formal appeal triggers a review of your denied claim. It’s up to you to provide as much evidence and documentation as you can to support your position. The more organized, the better.
Consulting a public adjuster can be a wise decision if your homeowners’ insurance claim has been denied. Public adjusters are insurance professionals who specialize in representing policyholders in insurance claims by offering an independent appraisal of damages. Here are some reasons why you should consider working with a public adjuster:
A public adjuster can verify your coverage, document damage and value your losses, and negotiate the maximum settlement allowed under the terms of your homeowners policy. the sooner you seek their help, the sooner you will begin the process of recovery from property damage and loss.
The insurance industry is heavily regulated. Courts in every state can overturn bad faith denials and assist in property claims disputes. If the treatment of your claim falls short despite your case to the contrary, you have the option to file a formal complaint with your state’s insurance commissioner.
It is important to understand that the denial of a claim is not necessarily the final decision. Here are some steps to follow when filing a formal complaint:
It may be time to hire an insurance lawyer for an insurance claim if you can’t reach an agreement with your insurance company or the insurer seems to be delaying the claim process on purpose.
If your homeowners insurance claim has been denied and you cannot resolve the dispute through other means, it may be time to consider hiring an insurance lawyer. An insurance lawyer is a legal professional who specializes in representing policyholders in insurance claims disputes.
You’ll want to find a specialist familiar with insurance laws. Be sure to get references that show a successful track record settling property insurance claims, not just an understanding of property law. If you can’t find one, you can start a search at the American Bar Association’s list of state bar associations.
As mentioned above, public adjusters are an indispensable tool for getting larger claim settlements. If you’re in good standing with your insurance provider and have been making your insurance payments in a timely manner, and feel you are due a payout after a claim denial, we can use our expertise to help you.
Stellar Public Adjusting does not outsource work, so the adjuster you deal with when you file your claim will be the same one assisting you through the claims denial process all the way until you get the money you deserve for the damage in dispute.
Use our web form to contact us today. If you have an urgent problem that requires immediate assistance, call our office at 305-570-3519.
Friendly staff and work really hard to get what you deserve. I appreciate everything they did for me. Thank you again.
HIGHLY recommend Stellar Public Adjusting! Meticulously and professionally handled our claim, and stood by our side throughout the entire process! Thank you!
Worked with Stellar on a project involving a kitchen flood. They were always there to help & answer all the questions I had – and they reached a fair settlement with my insurance for me. I probably wouldn’t have gotten half of what I did without them! I’d easily recommend them to anyone needing a Public Adjuster.
Glad I hired them. Stellar Public Adjusting assisted in my water damage claim in my condo from my neighbors pipe. They really know there stuff when it comes to claims. They obtained way more than my insurance company initially offered. A very professional company.
David has done multiple claims for our real estate company, as well as for myself and friends. Always exceeds expectations. Highly reliable, and completely on top of his game. Highly recommended.
I have full confidence in the team at Stellar and do not recommend that anyone file an insurance claim without them. The insurance company is not on your side and they are not a good neighbor.
Stellar is on your side and they are in the neighborhood. Call them immediately when damage happens.