Being a property owner, you have obviously invested a lot in property insurance. But isn’t it frustrating when you are denied the right insurance compensation for your property insurance claim? Filing an insurance claim can be a complex and time-consuming task. And nothing’s more frustrating when in times of need, you face a denied insurance claims in Fort Lauderdale, Florida.
There can be various reasons for denied insurance claims. Some of the reasons are mentioned below:
Misrepresentation of the damage: You should not lie about the extent of damage done to the property. This is one of the biggest reasons why insurance claims get denied. Misrepresentation of the damage can make you liable for a fine of up to $15,000 and 7 years in prison. Make sure that you furnish the actual extent of damage and keep the details precise.
Insufficient documentation: Being a property owner, you are liable for documenting the actual damage and produce every detail to the insurance company when filing a property insurance claim. Producing insufficient documentation will ultimately lead to a denied insurance claim. Thus, make sure that all evidence of damage is authentic and true.
Identification of the right reasons: Most of the insurance claims are denied because they are not correctly reported. It is crucial to identify the right reasons that led to property damage. This will aid in the correct evaluation of the damage and ascertain the right amount of the claim. The reason your insurance claim might get rejected is the unidentified cause of the damage and misreporting.
Not paying the premium on time: This is a potential reason for insurance claims denial. Make sure that you pay the amount of premium on time. If you have missed paying your insurance premiums once or twice, your insurance provider might reject your insurance claim application.
At Flat Fee Legal Service, our main aim is to get you the compensation that you deserve. Our attorneys hold decades of experience and have a refined skill set that will ensure that your claims are filed on time and you get the right redressal. We thrive to fulfill all our clients’ needs when the property gets damaged and the insurer fails to successfully file or claim the property insurance.
Has your insurance claim been denied in Fort Lauderdale, Florida? Get in touch with the expert attorneys at Flat Fee Legal Service. For more information, call at 954-361-7878