When your home is damaged as a result of a fire or some other disaster, it can be more than just frustrating for the homeowner’s insurance company to deny your claim. Your home is part of your livelihood and having it threatened can be very worrisome.
However, it’s important to keep in mind that you don’t have to accept a lowball offer from the insurance company if you believe your claim is worth more. Insurance companies, in general, like to deny or significantly undervalue most claims right off the bat because they operate like any other business—to turn a profit.
If insurance companies paid out the full value of every viable claim filed, they would stand to lose a lot of money and they don’t want that. Our attorneys are very familiar with the tactics insurance companies use to avoid paying claims, which means we know how to fight against these tactics.
If your homeowner’s insurance claim is undervalued, you still have options to recover the compensation you deserve.
Don’t Accept an Offer You’re Not Comfortable With
You do not have to accept the first lowball settlement offer the insurance company provides. This is a common tactic used in the industry to avoid paying claimants the compensation they deserve.
If you’ve been handling the claim yourself, it may be time to seek help from an experienced insurance bad faith attorney.
Tell the Insurance Company You’re Working with an Attorney
The best thing you can do for your homeowner’s insurance claim is to hire a skilled bad faith insurance attorney. Having an experienced legal professional in your corner can make all the difference in the outcome of your claim. When the insurance company knows you’re working with a lawyer, they know they can’t swing you around like they could if you were handling the claim on your own.
You should be able to recover the full value of your claim and we want to help see that you do. If your homeowner’s insurance claim has been undervalued or outright denied, don’t delay—contact our office with your case right away.
Contact the skilled attorneys at Berthold Law Firm, PLLC by calling (304) 605-2040 or by filling out our online contact form.