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LAWSUITS NEWS & LEGAL INFORMATION

Hurricane Damage Insurance Claims

Unfair Claim Denial and other issues related to Hurricane Katrina Property Insurance Damage Claims

In light of the incredible disaster and tragedy suffered by the recent victims of Hurricane Katrina in Louisiana, Mississippi, Alabama and Florida, billions of dollars in homeowner and other property insurance claims, including automobiles, boats, etc., will be filed with their respective insurers.

We have already been informed of alleged cases where the now homeless victims were induced to settle their claim by taking an immediate check for far less than their property's value and far less than the total insurance coverage. It is also alleged that insurance representatives may be denying coverage since many did not have flood insurance, although most insurance policies cover wind and other forms of damage incurred from the same incident.

There are also allegations of insurance assessors seeking bribes for higher assessments, allegations of assessors reporting less-than-actual damage, as well as allegations of insurance companies stating repair estimates and payment settlements that are far below current market costs.

When you enter into a contract with an insurer, you are in good faith paying a significant monthly fee to protect your property, health, and/or assets. After a natural disaster, such as Hurricane Katrina, many insurance companies suddenly claim that their "Hurricane" funds are nearly exhausted. During this time, they are also benefiting from record-breaking profit margins while collecting premium insurance payments to insure homes and property in other areas of the country. Most major insurance companies hold various insurance products which all bring in additional money, such as workers compensation, automobile, and medical malpractice.

Register your Hurricane Damage Insurance Claim Complaint

The insurer has a fiduciary responsibility to meet the needs of their insured clients up to and in some cases beyond the limits of their policies. If you feel you have been the victim of insurance abuse following a natural disaster like Hurricane Katrina, please complete the form below.

By submitting this form, you are asking lawyers to contact you. You are under no obligation to accept their services and you are free to choose which lawyer you want to work with. Lawyers are usually paid out of the proceeds of the settlement or verdict rendered.

At LawyersandSettlements.com, it is our goal to keep you informed about important legal cases and settlements. We are dedicated to helping you resolve your legal complaints.

Published on Sep-7-05


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