Insurance Firms and their Strategies for Avoiding Paying You Your Due

Insurance Firms and their Strategies for Avoiding Paying You Your Due

Jun 19

With winds raging to at least 74 mph or 119 kilometers per hour, these large, swirling storms called hurricanes are able to destroy or damage houses, buildings and trees or anything else that lie in their path. And with another active and rough hurricane season for 2013, the US faces another surge of destructive calamities, hopefully not as violent as the 2005 category 3 hurricane Katrina, though, one of the most destructive and deadliest Atlantic hurricanes of 2005, which claimed more than 1,500 lives and damaged between $81 and $108 billion worth of properties.

Your basement is the perfect place to keep you safe probably even during the deadliest hurricanes, but it is not big enough to contain all of your precious belongings and properties. Thus, no matter how much you want to save everything you have, many of your valued possessions will get damaged or destroyed – this is one horrid fact you will have to face and be prepared for.

Good thing, though, you can file for hurricane insurance claim from your insurance company and receive the amount that can help you start anew and replace some of the properties you have lost. In assessing damaged properties, insurance providers usually hire independent adjusting firms to do this job for them. With the adjuster new on the job, though, or by examining your property when the actual extent of damages are not really apparent yet, wrong estimations are, more often than not, made.

Those familiar with insurance laws, especially insurance claims attorneys, interpret these inaccurate estimations as just among the strategies employed by insurance companies to evade paying huge amounts to claimants, losing profits in the process. Besides undervaluing the amount of damaged and lost properties, other strategies they employ include delayed release of your benefits or complete rejection of the claims you file.

However complex insurance policies are there are lawyers who are fully familiar both with these policies’ stipulations and with insurance firms’ strategies, which will keep them from paying you the right amount. Losing what you worked so hard for is enough suffering from a destructive calamity; denying you of your rightful benefits would be like adding insult to injury. Get help from an insurance claims lawyer and aim to receive the benefits you legally deserve.

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