Hurricanes are some of the fiercest natural disasters in existence. Fueled by warm water and atmospheric conditions during the summer and fall months, hurricanes often cause overwhelming flooding and high winds capable of destroying even the sturdiest of buildings. Fortunately, for many citizens in hurricane alley, hurricane insurance acts as a safeguard during storm season.
Sadly, some insurers attempt to avoid paying policyholders what they really deserve. Sometimes, they attempt to avoid paying out altogether. If your insurer refused to pay for your hurricane damage in the wake of a storm, you may have a claim. Insurance companies must be held liable for their refusal to reimburse their policyholders. Call a Charleston hurricane bad faith insurance claims lawyer for more information today.
Insurance Company Duties
Hurricane insurance providers are required to fulfill a variety of duties to their policyholders. Failure to fulfill these duties could amount to what is known as “bad faith”. Some of these duties include:
- Investigating a claim and inform a policyholder of their findings within a reasonable amount of time
- Paying a settlement to a policyholder if up to the limit of their coverage if a claim is approved
- Covering all defense costs regardless of coverage limits
- Settling reasonably in a manner that would be advantageous to the insured
Hurricanes are powerful storms capable of causing an immense amount of damage, and if an insurer refuses to reimburse a policyholder, the policyholder may end up having to pay for their own property damage. This is unfair, especially when an insured person has been paying their premium.
Common Acts of Bad Faith
Hurricane insurers often attempt to forgo paying policyholders to save money. In many cases, an insurer may attempt to deny a legitimate by alleging:
- The insured person failed to pay their premium
- Hurricane water damage was caused by a flood
- Damage caused to the home was preexisting
- The insured person failed to file their claim in a timely manner
- The insured person is only entitled to a partial payment according to their policy
The tactics commonly used by hurricane insurers are designed to save money and lower operational costs. If an insurance company attempts the tactics above, it may be wise to hire a Charleston hurricane bad faith insurance claims lawyer.
Fighting Back Against Hurricane Insurers
Fighting back against an insurance company may seem impossible. However, with the help of an experienced attorney, it may be possible. Insurers are required to give their policyholders an opportunity to appeal their decisions, and if an appeal is denied, the policyholder has a right to take the insurer to court. Insurance companies often hire their own lawyers, so it is imperative for insured individuals to prepare appropriately.
If a policyholder is successful in their quest for reimbursement, the court may award them what they are owed.
Reach Out to a Charleston Hurricane Bad Faith Insurance Claims Lawyer
If a hurricane damaged your property and your insurer refuses to pay, you may still be able to get the reimbursement you are owed. Insurance companies often do not adhere to the agreements with policyholders, but there may be a way for you to hold them accountable. The contract between you and your insurer is serious, and it should never be broken under any circumstances.
Reach out to a Charleston hurricane bad faith insurance claims lawyer now.