Understanding the statute of limitations for insurance claims is crucial if your claim has been denied or remains unresolved. This period, the statute of limitations, decides how long you have to file a lawsuit against your insurance company. Missing it can permanently bar you from seeking compensation. In this article, we’ll cover the specific time …
Can you sue your own insurance company?
Can you sue your own insurance company? Yes, you can. If your insurer denies a legitimate claim, offers an unfair settlement, or engages in bad faith practices, legal action might be necessary. In this article, we’ll discuss the reasons to sue your insurer, the legal process involved, and the types of compensation you can seek. …
Can You Sue an Insurance Company for Taking Too Long?
If your insurance company is dragging its feet on processing your claim, you might be wondering: Can I take legal action? The answer is yes under certain conditions. When an insurer unreasonably delays your claim without a valid reason, you may have grounds to sue. Key Takeaways Insurance companies must follow state-mandated deadlines when handling …
Understanding Homeowners Insurance and Mold Coverage
Mold growth in homes can be a frustrating and costly problem. Many homeowners wonder if their insurance will cover mold damage, and the answer depends on several factors. Generally, homeowners’ insurance covers mold damage only if it results from a covered peril, such as water damage from a burst pipe. However, if mold develops due …
Understanding the Average Insurance Payout for Water Damage Claims
Wondering how much you could get from your insurance if your home suffers water damage? The average insurance payout for water damage claims is around $11,605. This amount gives you an idea of the financial support you can expect from your insurer. In this article, we’ll break down what influences these payouts, typical costs, and …
State Farm Homeowners Insurance Claim Time Limit Explained
How long do you have to file a homeowners insurance claim with State Farm? Knowing the time limit is crucial. This article explains the specifics of the State Farm homeowners’ insurance claim time limit and why timely filing is important. Key Takeaways ✓ Timely filing of homeowners’ insurance claims is essential to prevent complications and …
What Not to Say to a Property Insurance Adjuster
Talking to a property insurance adjuster can have a big impact on your claim. The wrong words might reduce your settlement or even lead to a denial. Here’s what you should avoid saying to protect your claim. Key Takeaways ✓ Don’t speculate about the cause of the damage—stick to the facts. ✓ Keep conversations short …
Does Homeowners Insurance Cover Mold Damage?
Does homeowners’ insurance cover mold? Yes, but only if the mold is caused by a specific covered event, such as sudden water damage. Otherwise, mold damage is usually not covered. This article explains when mold is covered by insurance, potential exclusions, mold remediation coverage, and what to do if you find mold in your home. …
Average Insurance Payout for Hail Damage Roof What Homeowners Can Expect
Homeowners dealing with hail damage often ask: ‘What is the average insurance payout for hail damage to a roof?’ You can generally expect hail damage insurance payouts to range from $9,000 to $15,000, with typical compensation around $12,000. However, this can vary based on your policy and specific circumstances. This article will guide you through …
Suing an Insurance Company for Denying a Claim: Know Your Rights
Can You Sue an Insurance Company for Denying Your Claim? Was your insurance claim denied unfairly? Suing an insurance company for denying a claim might be necessary. In this guide, discover why claims are denied, how to identify bad faith actions, and the legal steps you can take to challenge the denial. Key Takeaways ✓ …
How Climate Change is Hiking Insurance Cost
Climate Change Means Getting Insurance Coverage Is Increasingly Difficult – Especially In Some States The worsening effects of climate change are impossible to ignore. According to the 2024 NOAA climate study, the U.S. experienced 27 major disasters, causing hundreds of billions of dollars in damage nationwide. These devastating weather events included droughts, flooding, severe storms, …
