There are many different reasons anyone would decide to file a property insurance claim, such as hurricanes, fire damage, water damage, plumbing issues, or even vandalism. At Cohen & Associates, we understand how heartbreaking it can be when your home or business undergoes some sort of destruction, and we also understand that fighting with insurance companies to get the payment your policy entitles you to is not always an easy task. That’s why having a professional on your side can help make this process easier, allowing you to focus on rebuilding, and allowing us to make sue that you are correctly paid what you deserve.
Call Us for a Denied Property Damage Claim!
There are certainly possibilities as to why an insurance company entirely denies a property insurance claim. By hiring a public adjuster, we go over your policy, seeing how we can help you. One option is regarding deductibles. Each property owner has a certain amount that they have agreed to pay. If it is found that the amount you owe up front is more than the cost of the damage that’s been done, then the insurance company would unfortunately, not cover that claim. We recommend clearly understanding your policy, so that when something devastating does happen, there aren’t any surprises.
Another surprise that many homeowners are generally shocked by, is that there are exceptions to certain policies. This means that events such as earthquakes or flooding have their own insurance coverage. Therefore, property insurance would not cover these types of issues. This can be quite a shock when flooding occurs during a hurricane, only to find out that the damage caused by the flooding is simply not covered.
Property insurance, as we’ve discussed, only covers certain areas. Generally, this type of insurance covers any damage that can happen immediately, and out of the blue. Events such as lightening strikes, fires, hurricane damage, leaking pipes that cause water damage, or even leaking roofs can all be covered by property insurance. Occasionally, property owners will try to file for mold problems. This can be a more complicated claim. It may be easier to find the source of the mold, and try to file a claim from the source. Hiring a public adjuster helps make these claims easier, as you allow professionals to handle the tough questions from insurance companies.
One of the other common misconceptions is that an insurance company will pay for any small maintenance on your home, but this is simply not the case. It’s important to do an inspection at least once a year to be sure that your home is up to date. At Cohen & Associates Public Adjusters, we understand how complicated insurance can be, and we’re here to guide you through this process. If you’re suffering from a denied property insurance claim, call us and allow us to see how we can help.