Navigating Homeowners Insurance for Property Damage
Property and casualty insurance is a broad category that encompasses coverage for various kinds of damage to your property. It serves as a financial safeguard against unforeseen events such as natural disasters, accidents, theft, or other covered incidents. Homeowners often rely on their property and casualty insurance to mitigate the financial burden of repairing or replacing their property in the aftermath of an unexpected event.
At Lawrence & Associates Accident and Injury Lawyers, LLC, our Cincinnati property damage attorneys understand the challenges tenants and homeowners face when these situations arise. Dealing with insurance companies can be excruciating. Their expertise lies in paying out as little as possible on every single claim that they receive, so it may come as no surprise that insurance adjusters have a suite of tricks they use to minimize or deny even the most valid of claims. As a result, many people unwittingly accept low offers or feel like there is nothing they can do after their claim is denied. This is unfair to consumers who have paid their insurance premiums throughout the years, only to be left high and dry when it comes time to make a claim.
It’s challenging enough to have to figure out how to carry on after an event where you’ve sustained significant property damage or loss. Fighting an insurance company for what you are owed on top of that can be overwhelming. That is where our firm comes in. Property damage and the intricate insurance and legal processes involved are not simple matters. We understand that loss of your home or belongings due to a fire, storm, theft, or someone’s negligence can be a traumatic event. Our experienced team of lawyers brings a wealth of knowledge to help you navigate through these complex situations.
Our property & casualty insurance claim team is led by Lawrence & Associates partner Meagan Tate. Meagan has extensive experience assisting insurance companies in fraud investigations and defending insurance companies in breach of contract and bad faith litigation. She has handled investigations, coverage opinions, and litigation against individual insureds regarding fire loss, wind and hail damage, water intrusion, and insurance policy interpretation in federal and state courts in Kentucky and Ohio. She now uses that experience to represent property owners who are fighting their insurers. For the past several years she has represented apartment complexes, condominium associations, and hotels seeking justice against insurance companies for their wrongful denial of insurance claims. She now looks forward to using this knowledge and experience on behalf of individuals in Ohio and Kentucky who need help against an insurance company for the wrongful denial of their claim.
If you believe your insurance claim was minimized or wrongfully denied, contact our law firm to go over the details of your situation with an Cincinnati insurance lawsuit attorney. We are available by phone at (513) 351-5997 or online via our contact form.
Frequently Asked Questions about Property and Casualty Lawsuits
What is a property and casualty lawsuit?
A property and casualty lawsuit typically arises when a homeowner seeks compensation from their insurance company for property damage that is unfairly rejected or less than the value the homeowner is entitled to. This can include damage caused by natural disasters, accidents, or other covered incidents. Our property damage law firm can help you contest a denied or undervalued insurance claim.
When should I consider filing a property and casualty lawsuit?
You should consider filing a lawsuit if your insurance claim has been denied, delayed, or if you believe you are not being adequately compensated for the damages to your property.
What damages can be claimed in a property and casualty lawsuit?
Damages that can be claimed in such lawsuits may include repair costs, replacement costs, temporary housing expenses, and any additional costs related to the covered incident. If your insurer makes an offer that does not include funds for these kinds of necessities, you may be able to get them through a lawsuit.
How can an attorney help in a property and casualty lawsuit?
An experienced attorney can assist you by evaluating your case, negotiating with the insurance company on your behalf, and representing you in court if necessary. Their skillset can significantly increase the likelihood of a favorable outcome.
What if I have damage to my car but I was not injured?
When the underlying issue is auto damage, usually the difference between the insurance offer and the final repair cost is not enough to justify hiring an attorney. We often recommend clients deal with the insurance company directly on car damage claims where no personal injury is involved.
How long does it take to resolve a property and casualty lawsuit?
The duration of a lawsuit can vary depending on the complexity of the case and the willingness of the insurance company to negotiate. An attorney can provide a more accurate timeline after assessing the specifics of your situation.
What is the cost structure for Property and Casualty services at Lawrence & Associates Accident and Injury Lawyers, LLC?
Our cost structure for Property and Casualty is based on a contingency fee model. Instead of charging a fixed upfront fee, we operate on a contingency basis, which means our fees are contingent upon the successful outcome of your claim or case. This fee is typically a percentage of the recovered amount, ensuring that our interests are aligned with yours in achieving a favorable resolution. It means you pay nothing up front, and our fee is paid out from a portion of your winnings.
Contact a Property Damage Lawyer Today
If you have suffered property damage and feel your insurance company is not living up to its obligations, you do not have to accept it. Proudly serving property damage bad faith insurance claimants statewide in Ohio and Kentucky, our property damage lawyers are ready to fight on your behalf to help you get the money your insurance claim is worth. Call us at (513) 351-5997 or contact us online for a free consultation.
