Three Common Reasons For Property Damage Insurance Denials
Property damage comes in many different forms. Whether it is caused by hurricanes, water, fire, or another person, the results can leave you in a very stressful situation. But that’s what you have insurance for though, right? All you have to do is file a claim with the insurance company and your losses will be covered.
Unfortunately, the claims process rarely goes this smoothly. In some cases, individuals who file property damage claims end up having their claim denied. Below, we discuss some common reasons that property damage claims are denied.
Failure to Mitigate
When a premises owner acquires an insurance policy for their property, they must protect his or her property from further damage. Leaving the property exposed to potential damage, for instance, or failing to take reasonable steps to reduce the potential loss could lead to a claim denial.
Every policy is different, and each one comes with its own exclusions. This means that some types of damage or cause of the damage may not be covered by the insurance policy. If you are unsure whether your claim was wrongfully denied because of an exclusion, you should contact a property damage claims attorney who can help review the exact language of your policy.
Wear and Tear
As a property owner with an insurance policy, you are required to keep up with regular maintenance and repairs in order to ensure that normal wear and tear is taken care of in a timely and effective manner. Wear and tear specifications may hold property owners liable and deny a claim if they failed to repair, replace, or otherwise fix the damage on the property.
Helping You Fight a Denied Claim
Just because the insurance company denies your claim does not mean that this is the last word on the matter. If you need help filing an appeal, our firm is here to negotiate on your behalf.
Before even filing a claim, it’s imperative to speak with an experienced insurance claims attorney who can help you review your policy, gather all the evidence that applies to your claim, and fight to ensure that the insurance company honors your insurance policy agreement.
Contact Strems Law Firm at (786) 661-3111 to schedule your free consultation.