Experienced Injury Attorney in Palmdale, CA
When an insurer makes a decision that is adverse to your interests. It can leave you feeling overwhelmed and vulnerable. After all, you may have been relying on your insurance policy. To cover all your losses in the wake of property damage or some other insurance claims related loss. As insurers have both the incentive and resources necessary to aggressively defend against litigation. So it’s important that you work with an experienced team of attorneys. A team who understands how to effectively navigate the challenges of such disputes.
Contact Prestige Law Firm today to learn more about our services and how we can help.
Insurance Denial and Other Difficulties
As a prospective claimant, it’s critical that you understand the challenging dynamic that exists between insurer and policyholder. Simply put, the financial interests of insurance companies are fundamentally opposed to those of their policyholders. The insurer wants to minimize their liabilities, while the policyholder is attempting to secure maximum compensation for their losses.
In order to minimize their liabilities, insurers engage in a number of tactics. An insurer may argue that you do not have sufficient evidence to prove your damages and may therefore deny your claim on that basis. Alternatively, an insurer may award a reduced amount of compensation (below the coverage limits) or claim that a broad exclusion applies to your claim. Insurers benefit a great deal by complicating the pursuit of compensation. Many claimants do not have the wherewithal to challenge the decision of their insurer, and potentially, to litigate against their insurer for unjustly denying their claim. This is where a skilled Los Angeles insurance attorney can step in and help you deal with the insurer to get the just compensation you deserve.
If your insurer has acted in bad faith (i.e., excessively delaying the processing of your insurance claim, “losing” evidence, or otherwise interfering with your ability to exercise your right to compensation). Or has denied your insurance claims without sufficient justification for doing so, then you may bring an action against them for damages under California law.
Common Exclusions in Fire, Water and Property Insurance Coverage
Property insurance coverage (such as homeowner’s insurance, car insurance, etc.) is diverse in that there is quite a bit of variation from policy to policy in terms of applicable exclusions. One policyholder may be entitled to damages for any fire. While another may only be entitled to damages for fires started by natural causes.
Common exclusions in fire water, and property insurance coverage include:
- Mold damage
- Water damage (i.e., flooding)
- Earthquakes
- Mudslides
- Man-made fires (i.e., fires started by appliances, or due to personal use of a flammable substance)
- Insect infestation
- Intentional damage (caused by a third-party or by the policyholder)
- Damage to luxury goods
Contact Prestige Law Firm’s Los Angeles Insurance Attorneys to Setup a Free Consultation
At Prestige Law Firm, our Los Angeles insurance attorneys have spent decades working on behalf of insurance claimants. Helping them secure the compensation they deserve. We are relentless advocates who have real-world experience going through the insurance appeal process and trial litigation.
Curious about what to do next? Call us at (661) 341-3939 or complete a case evaluation form on our website to schedule a free consultation.