St. Petersburg Property Insurance Claim Lawyer
Whether you own your home, a vacation property, or a commercial structure, you most likely have one or more property insurance policies. A property insurance policy is designed to protect you in the event your property sustains damage, and you are supposed to be able to submit a claim to your insurance company to receive payment. However, property insurance claims are frequently denied and policyholders must dispute various issues with their insurers. Contact our experienced St. Petersburg property insurance claim lawyer today for assistance with any property insurance claim matter you are facing.
What Are Property Insurance Claims in St. Petersburg?
Property insurance claims in St. Petersburg are first-party claims filed by insured policyholders through the insurance policy they have with an insurance company. It is important for property owners to understand that agreements between property insurance companies and policyholders are contracts, and both parties must abide by the terms to which they have agreed in the insurance policy. An insured policyowner, in complying with insurance premium payment deadlines and claim submission requirements, expects to be compensated for property-related losses that are covered in their policy when they file a claim.
Yet property insurance claims in St. Petersburg are often denied for different reasons, and insured policyholders must engage in complex disputes with their insurance companies.
Reasons for Filing Property Insurance Claims in St. Petersburg
St. Petersburg property owners file first-party insurance claims through their property insurers for many different reasons, such as:
- Hurricane damage;
- Storm damage;
- Flooding and mold damage;
- Fire damage; and
- Sinkhole damage.
In Florida, standard homeowners’s insurance policies provide coverage for damage to the house or other structure on the property as well as other structures (like a shed), for the contents of the structure (the policyholder’s personal property inside the house), and liability in the event another party sustains an injury on the property. In addition, it is important to be aware that most standard homeowners’ policies do not cover flood damage or water damage related to hurricane storm surge. To have that type of loss covered, a homeowner must purchase a separate flood insurance policy. Accordingly, if you do not have separate flood insurance, a water damage claim may be denied by your homeowners’ insurance company.
How Can a Lawyer Help with a St. Petersburg Property Insurance Claim?
At Geyer Fuxa Tyler, we know that there are many reasons an insurance company will deny a property owner’s claim. Homeowners are often under the assumption that an insurance company is concerned with their best interests, but it is important to remember that insurance companies are businesses that want to limit claim payouts when possible. Our firm routinely represents policyholders in property insurance claim disputes arising out of bad faith, as well as claims when coverage is denied or limited because of an insurance company’s error in construing the terms of the policy. We can fight to get your claim covered.
Reach Out to Our St. Petersburg Property Insurance Claim Lawyers
Do you have questions about the coverage in your property insurance policy or need assistance with a property insurance claim dispute? Contact our experienced St. Petersburg property insurance claim lawyer for assistance today.