Frish Law Group has the Chicagoland & Los Angeles insurance lawyers to help you successfully resolve your insurance claims.
Natural disasters and accidents are a common occurrence in Southern California and Chicagoland. Every business or residential property should have insurance to cover damages and related expenses from specific types of events, such as earthquake, flood, and fire. While some standard policies cover many types of property damage, there may be exceptions or exclusions in the policy that limit claims.
A challenge in any disaster recovery is receiving full insurance claim payment in a timely manner. At Frish Law Group, we are prepared to pursue your insurance claim if the insurer is denying or delaying payment for any reason. With us as your counsel, we will insist on compliance with the insurance policy, or we will either file a lawsuit in court or demand arbitration. Payment of insurance claims is not optional for insurers, and we are aggressive in making certain that they fulfill the terms of the policy.
Fire and Smoke Damage
Fire and smoke damage could be caused either from internal sources or by wildfires. In either case, damage can be extensive and may require rebuilding the home or building and replacing contents such as furniture, electronics, and personal items. One issue that may arise during a claim is that the insurance policy is too low to cover the cost of rebuilding. Another issue that may arise includes that the property is valued too low by the insurer for payment of the claim.
If you have had your personal or business property destroyed by fire, we can assist you in establishing a replacement cost, working toward securing payment of the claim, and handling any issues that you may have with the insurer.
Flood damage to a property can occur from heavy rain, broken public water systems, water diversion accidents, and internal flooding from pipes. In all of these cases, payment of the claim will depend on the type of damage and repair cost. For example, a policy may cover direct damage to floors, walls, and ceilings but not cover contents. Development of mold, lasting structural problems, and land instability may be exclusions in some policies. We can review your policy and help you with your specific claim for flood damage.
Earthquakes are a frequent occurrence in Los Angeles, and even a small quake can cause property damage. Usually, a property owner will have to buy additional or separate earthquake coverage, and the types of damages covered can vary widely. If your property was damaged in an earthquake, we will review the policy with you and evaluate your potential claim. Insurers are very specific about the coverage limits, and we may need to pursue non-payment in court if there is a dispute. Because damage can also affect the land stability, there may be issues with diminished market values or even structural capacity for a rebuild.
Types of Damages Available in Insurance Claims
Frish Law Group’s attorneys can handle your insurance claim at every stage of the process. Whether we recover payment directly from the insurer by filing a claim, or through litigation, we know how to get you the maximum compensation possible. Some types of insurance claim damages include:
- Actual property damage to the building.
- Personal effects and contents.
- Injuries to anyone present in the accident.
- Living expenses if a home must be repaired or rebuilt.
- Loss of income due to business interruption costs.
Most insurers attempt to limit payment of claims by interpreting your insurance policy extremely narrowly. We can insist on full and fair payment of claims and will pursue that objective on your behalf. You pay high premiums for property insurance, and deserve to have your claim paid fairly and promptly by the insurer. Please contact our Chicagoland & Los Angeles insurance lawyers for a consultation regarding your insurance claim.