Have you ever wondered why your claim after a hurricane doesn’t get the full coverage you expected? You’re not alone. Many homeowners in Florida find themselves in a similar situation. The truth is, some insurance companies might not play fair. Insurance companies are businesses with a bottom line. Part of that is protecting their financials.
In dire situations, insurance companies might employ certain tactics to minimize their liability. It’s important to know what these tactics are. It might help you out when filing a claim.
Common misleading tactics
Insurance companies often use tactics that can leave you with less than you’re entitled to. These might include:
- Minimizing damage: They may argue that the hurricane damage to your home isn’t as severe as you claim, attempting to reduce the payout.
- Misrepresenting policy details: They might suggest that certain types of damage, such as those from wind or water, are not under policy coverage when, in fact, they are.
- Delaying insurance claims: They could prolong the claims process, hoping you’ll accept a smaller settlement just to conclude the matter.
Most insurers are for-profit. This means that in addition to these tactics, they may try other ways to get you to accept the first offer they present. Accepting this initial offer might not be in your best interest, making it crucial to seek help when filing a claim for damages to your property.
Get help in the lengthy process of filing a claim
Insurance companies are businesses first, and their bottom line matters to them. While they provide a necessary service, it’s important to remember that they might prioritize their profits over your needs. For instance, one report mentions that homeowners’ insurance doesn’t cover flood damage and that you may need a separate policy. But what if your home was flooded due to a hurricane? Is that considered flood damage or hurricane damage? These are areas where you’ll need help answering.
So, consider seeking an attorney. With the proper guidance, you can better understand your policy, fight for a fair settlement, and ensure you get the compensation you deserve.
Don’t let misleading tactics leave you out in the storm. Stand up for your rights as a homeowner and get the help you need to rebuild your life.