Sunrise First-Party Coverage Dispute Lawyer
When you purchase an insurance policy, you expect the coverage to be available in the event that you ever need it. If you are a homeowner, you may purchase insurance to cover water damage. If you own a business, you may purchase liability insurance in case a customer becomes hurt while on your premises.
After purchasing a policy, you expect the insurer to act fairly and honestly if you ever request coverage. Unfortunately, this does not always happen. Disputes can arise and when they do, you may have to take legal action. Before you do, call our Sunrise first-party coverage dispute lawyer for help.
What is a First-Party Insurance Claim?
A first-party insurance claim is filed when you incur losses or damages covered by your own insurance policy. For example, if your home was damaged by a hurricane or fire, you would file a claim with your homeowners’ insurance. The company should then provide coverage in accordance with the policy terms and conditions.
It is extremely important to have a full understanding of the coverage you are entitled to under your insurance policy. If you simply trust that the insurer will provide the full coverage you need, or that they rightfully denied your claim, you may lose out on coverage you are entitled to. It is not uncommon for insurance companies to deny claims in order to protect their profits. You can dispute these acts of bad faith and receive the full coverage you deserve.
Common Types of First-Party Insurance Disputes
There are many disputes that arise in first-party insurance claims. The most common of these are as follows:
- Illegitimately denying a claim: Insurance companies sometimes deny a claim without a legitimate reason. For example, the insurer may claim that damage to your home is not covered under your policy when it is.
- Delaying compensation: You and the insurance company may have reached a fair settlement amount after you filed a claim. Once an agreement is reached, the insurer has 20 days to pay it under state law. Insurers may delay paying you fair compensation at a time when you need damages as soon as possible.
- Failing to promptly reply to a claim: Insurance companies in Florida must also reply to a claim within 14 days of receiving it. They often fail to do this so they can delay the entire process, and hope that you will drop the claim.
- Failing to explain a denial: If your insurance company denies your claim, they must provide you with a clear reason for the denial. If they do not, you can dispute it.
Our First-Party Coverage Dispute Lawyer in Sunrise Can Protect Your Best Interests
First-party coverage disputes are not uncommon. At Geyer Fuxa Tyler, our Sunrise first-party coverage dispute lawyer can help you fight back against the unfair tactics insurers use so you obtain the full and fair coverage you deserve. Call us today at (954) 990-5251 or contact us online to schedule a consultation with our seasoned attorney and to get more information.