When you are Underpaid by Your Insurance Company, it can be more than frustrating. It can mean major ramifications for your household or business. Many people affected by disasters or other forms of loss are often depending on the money they make from their insurance claims to try and get their lives and livelihoods back on track. Getting a payout much smaller than expected, or having a claim denied outright is often a major roadblock. If you find yourself in this situation, suing is generally the last course of action to try and get the money you feel you deserve. Here’s the best way to go about the process.
In general, there are three main situations when you need to consider taking legal action on. One is when your claim is denied and getting an independent appraisal does nothing. The second is if you are told your claim is approved, but there is an excessive delay when it comes to actually getting the money to you. The third, and the simplest one, is if your insurance company requests that you speak with their attorney. One major step is bringing on Property Insurance Attorneys in Florida, or other attorneys with experience in your relevant insurance field. The last thing you want is to interact with an attorney without proper guidance of your own.
When you actually begin pursuing legal action, you want to continue being meticulous when it comes to your documentation. Ideally, you were keeping pictures and relevant documents to prove your claim to start. You will likely need more of those as the legal process rolls on. In addition, you want to keep plenty of documentation of the interactions you have with the insurance company during this process.
It also pays to be forthcoming and honest when talking about the nature of your claim. If you have been a long-time customer in good standing, there’s no reason not to lean on that and explain how you’ve upheld your end of things as a good customer, and your company should do the same by honoring their claim. However, any formal documentation you make (letters, etc.) may be shown to a jury later on, so you want to keep that in mind when choosing your wording. In the same vein, even if the stakes are high with your claim, you don’t want to become overly emotional or frustrated. In a courtroom setting, this could hurt your case if the company has records of you lashing out at them.
A final thing that bears mentioning when it comes to insurance lawsuits is that depending on the money you are looking for, it could take years to meet a resolution. If you’re not interested in making that type of commitment, you may be able to look into pre-trial mediation with the company. You may be able to get a smaller settlement without extended court time. However, if you do go to court, there may be a chance for you to get punitive damages, depending on the state you live in. We Provide Insurance Attorney in Miami to get a free consulting or Give us a call (786) 224-0705.