Do You Need A Central Florida First Party Claims Attorney
Why Do You Need A First-Party Claims Attorney?
What even is a First-Party Claims Attorney? Insurance premiums for your home, vehicle, and other assets may be costly, especially living here in Central Florida. However, insurance is the best way to properly protect your family and assets in the unfortunate event of an accident or disaster. Floridians know firsthand exactly how devastating a natural disaster can be and how it can negatively impact their lives. When you experience property damage from a hurricane, flooding, or fire, you expect that you have coverage for your losses.
Unfortunately, making a full financial recovery for your property damage is not always as simple as filling a claim with your insurance company. In many cases, insurance companies may delay paying your claim for weeks or even months, trying to downplay the extent of your losses. In some cases, the insurance company may even deny your claim altogether.
What Is A First Party Claim?
When you obtain insurance for property damage, you are engaging in a contract with your insurance company. You agree to pay a premium in return for coverage and compensation in the event of a covered event. First Party refers to the insured who, after purchasing insurance, is the first part to be compensated. Therefore, when you file a claim for a covered loss, you are filing a “first-party” insurance claim.
Insurance companies employ large teams of lawyers who are only on their side. Therefore, they frequently often find ways to short-change their very own customers. These sneaky tactics apply to the settlement of first-party property damage claims. Insurance Companies offering a lower payout than what is covered by a policy is a common occurrence. Sadly, it is also common for them to just deny the claim altogether.
Furthermore, many insured property owners are victims of bad faith insurance dealings and are defrauded out of thousands of dollars that they are rightfully owed. If you find yourself with a first-party insurance claim that has been denied, you need to seek the counsel of a First Party Claim Attorney. Additionally, getting an attorney is a good idea when you are offered a lower settlement than you deserve. Your legal team will fight for you, on your behalf. Never accept being bullied by your own insurance company.
When Do you Need To Seek The Assistance Of A First Party Claims Attorney?
There are many situations that might necessitate the filing of a first-party insurance claim. This can even be a claim where someone or something else is the cause of your loss and/or damage. For instance, in a car accident, you wouldn’t just seek reimbursement for your injuries from the at-fault driver. You would also seek reimbursement from your own insurance company for things such as medical expenses.
In the Orlando area, common first-party claims of insurance happen all the time. These insurance claims come about when there is damage to property as the result of a covered loss. Covered losses include hurricanes, natural disasters, fires, tornadoes, flooding, and wind. Additionally, damage can be the result of water from a broken pipe or mold.
Therefore, working with an experienced first-party claims attorney will help ensure that your own insurance company upholds its end of the insurance contract. Additionally, it helps ensure you receive the compensation you deserve and need in order to recover from your loss. Orlando First Party Claim Attorney Sam Dunaway is available to take your call, review the terms of your policy, and help you make a successful first-party insurance claim. Contact us today for a FREE case evaluation.