Leaking and burst pipes can cause severe damage in a very short period of time. Once water starts to collect, it can cause unsightly wall and ceiling stains. It can also lead to mold, which threatens people’s health as well as their property values. Insurance companies offer relief to homeowners and business owners whose properties suffer damage from leaking and burst pipes. When an insurance company denies a valid claim of property damage, home and business owners may be left with no way to make repairs.
An insurance policy is a contract between an insurer and an insured. The insured pays premiums, usually every month or every year. In exchange, the insurer commits to paying valid claims for damages that are covered by the policy. Denying a valid claim can expose an insurance company to legal liability. Despite this, it still happens, but insurance companies find ways to make denials of valid claims sound fair.
Insurance companies have legal duties to the public and the Florida Department of Financial Services. They must abide by the terms of their insurance policies, and they must deal with policyholders in good faith. The first step in fighting back against wrongful denial of a water damage claim is to appeal to the insurance company itself. They might revisit their decision when presented with evidence and arguments about their legal obligations. Legal proceedings may follow if they cannot be persuaded.
Water damage in your home can have serious, long-term effects. You need to be able to make repairs quickly, without delays from your insurance company. If you are dealing with a wrongful denial of insurance coverage, the Florida property insurance attorneys at Cordova Law are here to answer your questions and discuss your options. Please call us or fill out the form today at (321) 267-3682 to schedule a free consultation.