There are several reasons why residential property damage claims can be denied wrongfully. Bad faith tactics are one. Incomplete paperwork, inflated claims and missed deadlines are all also possibilities.
If you want to make sure that you get your claim approved, there are a few things you can do. Here’s what you should know about denials and how you can avoid them.
- Bad-faith insurance
The first thing to remember is that bad-faith insurance tactics could be being used against you. With this situation, your policy may actually cover the damage, but the insurance company could be trying to delay your claim or reject it hoping that you won’t continue to pursue compensation.
- Incomplete paperwork
Incomplete paperwork can lead to your claim being denied. It helps if you go over your paperwork with your attorney before you file, so you know all the details are there for your case.
- Inflated claims
Inflated claims can lead to denials. If you are trying to claim for more than is necessary, then an insurance company is likely to deny the claim or reduce the amount it is willing to compensate you.
- Missed deadlines
Finally, remember that you only have a limited amount of time to make an insurance claim for compensation when your property is damaged. You need to, at the very least, let the insurance company know that you intend to make a claim as soon as possible. If you miss a deadline, then your claim could be denied.
If you run into any of these issues, you’re not necessarily out of luck. It’s possible that you could work with your attorney to find a solution, such as resubmitting the correct documentation or seeking an extension to give you more time to file your claim.
Dealing with frustrating insurance issues? You may have legal options
When your home has been damaged and you have insurance, the insurance should pay out as long as it covers the specific damage. If you are in dispute with the company, it may be worth looking into your legal options.