Louisiana Homeowners’ Insurance
Homeowners’ insurance is supposed to protect the investment that you make in your home. Your homeowner’s policy likely provides coverage for losses such as hurricanes, robberies, fires and other disasters, as well liability coverage in case someone is injured on your property. You may also have special policies that protect you in the event of a flood, especially if you live near the water.
Policyholders pay insurance premiums each month to buy the peace of mind that comes from knowing that your insurance covers losses if your property is damaged or destroyed. Since most homeowners cannot afford to replace their property or its contents without insurance coverage, they are willing to pay for months and years on end to maintain coverage. Unfortunately, homeowners’ insurance companies sometimes fail to live up to their end of the bargain.
If your homeowners’ insurance company is denying your claim or refusing to pay a reasonable sum of money for losses you believe are covered, you should seek legal assistance. A Louisiana homeowners’ insurance lawyer at Lavis Law will stand up to the insurance company on your behalf to fight for the money you need to rebuild or make repairs and move on with your life.How a Louisiana Homeowners Insurance Lawyer Can Help
Insurance policies are contracts; and the policy agreement specifies the terms that each party is bound to abide by. When you pay the premiums, you buy a promise from the insurer to cover losses that the insurance contract covers.
In addition to the express terms of the contract, every insurance policy has an “implied covenant of good faith and fair dealing.” Essentially, this means that the insurance company is legally required to handle your claim in a fair and reasonable manner.
If the insurer fails to act in good faith, you can file a bad faith claim to recover the money you should have received for your covered losses in addition to damages that can sometimes exceed the limits of your insurance coverage. These additional damages are intended to compensate you for harm that occurred due to unfair delays or denials of a legitimate claim. The additional damages are also intended to punish the insurer for treating policyholders in an unfair manner.
A Louisiana homeowners’ insurance lawyer can help you pursue a bad faith claim against a homeowner’s insurer who has failed to handle your insurance claim properly. Your attorney can also try to avoid the need for bad faith litigation by negotiating on your behalf with the insurer to try to get the money you are entitled to for your damaged or destroyed property.Contact a Louisiana Homeowners’ Insurance Lawyer Today
At Lavis Law, we have extensive experience representing homeowners whose insurance companies have let them down. Since 1995, we have helped clients with all types of homeowners’ insurance disputes including claims arising from Hurricane Isaac.