Truth About Property Damage Insurance Claims

(and what your insurance company doesn’t want you to know)

Property damage, The Truth About Property Damage Insurance Claims

We level the playing field with your insurer

  1. The burden of proof in support of triggering coverage under an insurance policy falls on you, the insured policyholder.
  2. Insurance companies are required to perform a “reasonable investigation”.
  3. The adjusters, administrators, building consultants, and engineers working for insurance companies represent their interests, not yours.
  4. Insurance company defense attorneys often advise insurers whether or not to extend or deny coverage.
  5. Policyholders have the right to hire their own licensed private insurance adjuster on a contingency fee basis in most states known as a public insurance adjuster.
  6. Repair vs. replacement disputes, improper denials, incorrect date of loss or other opinions policyholders frequently disagree with is often based on the opinions of representatives paid and retained by your insurance company to represent and support the insurer’s position, not the policyholder.
  7. Policyholders without representation and proper documentation at or near the time of the loss, increase their risk of unnecessary litigation, wrongful settlement delays, or underpayments.
  8. Documentation that supports your claim under the guidelines of the policy, state statutes, insurance codes, insurance commissioner bulletins, weather data, photographic evidence of damage, reasonable line item estimates, business interruption formulations, 3rd party expert reports, building codes, OSHA safety, reasonable methods of calculation and other documents can position a claim to trigger fair and reasonable coverage.  Reasonable “pro-policyholder” requests, explanations, and claim submissions combined with exposing an insurer’s liability of mishandling of a claim during the course of our investigation decrease the likelihood of wrongful delays, denial of coverage, and/or improper repair recommendations. 
  9. Insurance companies who perform an improper investigation, use bad faith claims handling tactics, knowingly misrepresent claim facts, delay, underpay, or wrongfully deny coverage without a reasonable explanation under the basis of the policy may be subject to statutory consumer protection violations in addition to property damages.
  10. The single best piece of our advice we give to our clients is “don’t wait for problems, be proactive, avoid unnecessary litigation, get the settlement you deserve and move on with life!”  The time, stress, and details of reaching a reasonable settlement to get you fully indemnified can seem like a 2nd job.
  11. The public adjusters at Insurance Claim Recovery Support have the reputation for solving problems before they happen.  We have a proven methodology notorious for compelling insurers to settle large loss insurance claims fairly and promptly.

Our promise…

  • If we can help you, we work on contingency.
  • If you hire us, we’ll work hard with you and your insurer to reach a fair and reasonable settlement promptly.
  • We will factually document and present your claim for coverage submission.
  • We will make reasonable demands on your insurer when necessary.
  • We will fight to avoid unnecessary litigation and appraisals.
  • We do not waste time…yours or ours.
  • If we cannot help you, we’ll tell you and explain why.
  • If we know someone who can help you, we’ll tell you and not expect anything in return (except maybe a 5-star review).
Property damage, The Truth About Property Damage Insurance Claims
Property damage, The Truth About Property Damage Insurance Claims
Property damage, The Truth About Property Damage Insurance Claims
Property damage, The Truth About Property Damage Insurance Claims
Property damage, The Truth About Property Damage Insurance Claims

Property damage, The Truth About Property Damage Insurance Claims

Not all, but may bad faith Insurance companies intentionally delay, deny and underpay claims.  Of course, these tactics are improper, unethical, and immoral but in a pathetic attempt to gin up business for their defense law firm, a recent blog post targeting bad faith insurance companies outlines the benefits of purposely delaying insurance claims as an “effective legal strategy.”

That’s right! Insurance company defense law firms are promoting how insurers benefit by intentionally delaying claim payments to help themselves!

This shocking admission unscrupulously suggests weaponizing insurance companies to put pressure on policyholders and force them to settle for an amount favorable for the insurer. The blog post was removed from the law firm’s website after they were contacted by the Dallas Morning News. We see these tactics daily but have never seen a statement like this.  Read>>   Insurer’s Benefit by Delaying Claims

In our years of experience settling large and complex property damage insurance claims, we’ve come across several insurers who deploy delay schemes to frustrate and wear down policyholders. This blog post shows just how egregious, unconscionable and low some insurers and their legal representatives will stoop.

“Absolutely astounding,” was the reaction of J. Robert Hunter, retired Texas Department of Insurance commissioner. “We knew many insurers operate this way, but I’ve never seen the strategy admitted like this.”

Risk Management just keeps getting more challenging for real estate owners. Insurance premiums and deductibles are skyrocketing. Policy benefits are being diluted and the Texas Supreme Court characterizes the claims process as “adversarial.”  We encourage Policyholders who don’t want to be the victim of wrongful delay, deny, and defend schemes to consider our track record for settling claims fairly and promptly. Holding insurers accountable, properly documenting claims, and successfully avoiding unnecessary litigation is the best path to indemnification.

If you’re dealing with a property damage insurance claim, please do not wait for delays or underpayments. Contact us at the beginning. If you have an open claim that is delayed or underpaid, you’re not alone, we can step in at any time during the claims process to help you get the settlement you deserve.

Insurance Companies Have Experts Working For Them,  You Should Too! ™