My client notice water staining on his first floor ceiling. His home was a two story house. He is a building contractor and opened up the ceiling and found significant damage to the wood member and floor joists supporting the second story. All of this wood damage was hidden from sight before he opened up the ceiling.
He reported the claim to his homeowners carrier. The insurance carrier paid only $10,000 under a ”mold and fungi” limitation endorsement. The amount of the damage is significantly more than $10,000. I believe that the damage is so significant that it should qualify under another coverage – collapse. Collapse is an often overlooked coverage that can often trump limitations such as we have in this case.
As with almost all of my insurance cases, my client doesn’t pay me anything. If I win, the insurance company has to pay my fees and costs, and if I lose, I’ll work for free.
Are you going to be the more likely victim of vehicle theft than the guy next door just because you have a specific vehicle? What would make the vehicle thief decide to rather take your vehicle than that of the other bloke?
I have come across an interesting story in Rapport Newspaper in which it was revealed that two Toyota brands, the Hilux and Fortuner vehicles have been identified as the most sought after by vehicle thieves.
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Parents are trying to make the ends meet for getting insurance cover for their young drivers. The situation has been created due to the denial of the companies to offer any cover for the drivers under the age of 21 years. Even if they offer a policy, these young drivers are charged abnormally high prices for enabling them to drive the family cars. The good news is that a refreshing wave of insurance policy has turned the direction of the winds providing a much better and economical alternative.
A leading insurance company in the UK has recently launched a learner driver policy, which is available online, in cooperation with a specialist insurance company offering policies to the young drivers.
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My clients sustained a fire loss at their home. The fire, smoke and water also significantly damaged their personal property. As a result, they were out of the house for quite a while and incurred additional living expenses.
The claim was submitted to their homeowners insurance company for payment. The insurance company has paid some of the losses, but has simply refused to pay for the entire loss. Instead of paying the claim, the insurance company has also consistently requested that my clients provide it with documents which they have already repeatedly given to the insurance company.
My clients’ public adjuster eventually demanded appraisal. In response, the insurance company named its appraiser, while refusing to give his phone number or address. Since identifying its appraiser (by name only), the insurance company has refused to participate in the appraisal process.
Yesterday, I filed suit for breach of contract as a result of the homeowners insurance company failing to pay the loss. At this point, the insurer has waived its right to demand appraisal, and we will be pursing litigation.
As with almost all of my insurance cases, I take no fees and costs from my client. If I win, the
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