There must be a good reason for the denial of a homeowners claim. The decision to deny coverage is complicated. It may sound simple, but it isn’t.
In Oklahoma, you really need an attorney involved before denial. Not just any attorney, but one familiar with Oklahoma law. There is a balance the courts strike in
You don’t always think about a church needing CGL liability insurance. Churches aren’t bad, in fact, churches are known for doing good. Some church groups engage in food banks, food drives, clothing centers, and all sorts of work to make this world a better place. Why would a church doing good have anything to worry
Living in Oklahoma means having to deal with insurance claims for tornado damage. We have tornados almost every Spring.
The damage caused by tornadoes can be catastrophic. The aftermath can leave whole towns devastated. Comfort can be found in knowing that a homeowners insurance policy can help with repair of the damage.
Many of today’s
You can learn a lot by observing what others do. If they have a better way of adjusting claims, then it probably pays to imitate their processes. You should also pay attention to things that don’t work. Intelligent people imitate success and steer clear of failure.
Claim adjusting practices boil down simply to customer service.
One Allstate Insurance customer complained the adjuster said there was no hail damage while the neighbor’s roof was being replaced due to hail:
I had a hail storm happen in my neighborhood in July 2015, and many roofs (over 100 in my area based on roofing permits issued in the village I live in) were
The failure to properly notify the insurance company presents a classic example of the need for sound legal advice. The typical insurance policy has a notice provision. The contract requires the insured individual or insured company to give timely notice of a claim. From the perspective of an insurance company, notice is important. Early investigation
Business fires can bankrupt a company. There’s a lot at stake in business fires. The company’s loss may not just be a building and the contents. It may interrupt the income stream. If so, then the financial impact may extend to the employees.
The typical business is insured for loss of property and usually the
The number of fires in Oklahoma as the year closed were significant. Almost everyday, you heard or read about another fire. Some days there were multiple fires. House fires, apartment fires, mobile homes, restaurant fires, businesses hit by fire, the list goes on and on. Sources such as space heaters, grease fires, fire places, electrical
Hail damage hits the bottom line of an insurance company’s net profits in Oklahoma. Some years the number of hail claims is much greater, making less profits for the insurance industry. Other years the hail losses are greatly reduced. The decrease in hail claims allows insurance companies like State Farm to make greater profits. The
Being accused of insurance fraud is a serious offense. Regardless of the circumstances, your reputation is on the line. In this case, State Farm was alleged to have defrauded the United States government by avoiding the payment of storm claims under homeowners’ insurance policies. State Farm was said to have improperly shifted the burden for
