Orlando Property Insurance Lawyer
Each year Florida is either hit by violent storms or threatened by them. These storms often times strike our communities, leaving a wake of destruction in their paths. The damage they leave behind is felt by home and business property owners who often times suffer the total loss of their homes, apartments, or businesses or incur significant damage to their property that renders them homeless or without work. Florida law, however, does not require homeowners or property insurance, but if you own certain animals or a swimming pool some cities and counties require liability coverage, which would pay for non-automobile related injuries to other people for which you are legally responsible. Contact our experienced Orlando property insurance lawyers to learn more.
Property coverage helps pay for damage by covering perils (hurricanes, tornadoes, thunderstorms, fires, windstorm, lightning, water, hail, smoke, vandalism, theft, electrical, plumbing, sinkholes, or mold) to your home, the contents of your home, and other personal belongings owned by you or your family members. In some cases, it pays for damage to other structures, such as tool sheds, detached garages, guest houses, boats and their content. Additionally, most property owners also purchase, or require renters to purchase, property insurance polices containing personal liability and medical payments coverage. Personal liability coverage protects you against a claim or lawsuit resulting from (non-auto) bodily injury or property damage to others. A slip and fall accident is a common situation that can trigger this coverage. Medical payments refers to coverage that pays for medical expenses, regardless of fault, up to the limits purchased if persons are accidentally injured at your home.
It is important to note that many property insurance policies have a number of exclusions and deductibles. These include hurricane deductibles and exclusions for damage caused by floods. Many Floridians are unaware that flood damage is not covered by their homeowner’s insurance. The National Flood Insurance Program (NFIP) offers flood insurance to homeowners, renters, and business owners if their community participates in the NFIP. The NFIP is administered by the Federal Emergency Management Agency (FEMA), which works closely with nearly 90 private insurance companies to offer flood insurance to property owners and renters. For more information on obtaining flood insurance, you should contact your property insurance company or agent.
Insurance companies are required by law to treat their consumers fairly; this includes payment of claims that are honestly due to the insured. The expectation is that the insurance company will fairly assess the loss and quickly pay the claim. The problem is that insurance companies are not looking out for your best interest. Insurance is a business and insurance companies are motivated to help themselves and their money. It is not unusual for an insurance company to limit or even deny coverage of a claim without proper justification or warning. They have a team of adjusters, investigators and attorneys whose goal is to minimize the amount of money they pay to accident victims.
It is vital that you do not talk to any insurance investigator, sign any papers, or accept a settlement before talking to an insurance claims lawyer. Many claims, especially those involving “premises liability,” have long-term consequences that simply are not accounted for by insurance companies. This is also true for claims involving damage to a person’s property or home.
Contact An Experienced Orlando Property Insurance Lawyer
Therefore, it is important for you to seek the advice of an Orlando property insurance claims lawyer in order to protect your rights to fair compensation. At Israoui Law, we understand how insurance companies operate, how they think, and what tactics they use. Our goal is to make sure insurance companies live up to their obligations and our clients receive the fair treatment they deserve and the law requires. We work side by side with you to ease the worry of having to fill out forms, request information, and speak to insurance adjusters. We welcome the opportunity to meet with you and your loved ones with regard to any potential homeowner’s or property insurance claim. There is never any charge for an initial consultation and we are happy to schedule appointments at your home or at a location that is convenient for you. We represent clients on a contingency fee basis. If for any reason there is no recovery, then we receive no fees or costs. Simply stated, we are paid fees and costs only if you win. At Israoui Law, personal attention matters.