With the 2023 hurricane season approaching, we want to ensure that you are well-prepared to protect your homes and businesses from potential damage. As your trusted advocates in handling property damage claims, we understand the importance of proactive measures in mitigating the impact of hurricanes. Here are some key tips to help you prepare for… Continue reading 2023 Hurricane Season Approaching
If you, a family member or friend are still dealing with unresolved claims from Hurricane Ida, we can help. There are currently two (2) programs in place to help quickly resolve all remaining Hurricane Ida claims. The two programs are below: Claims with Less Than $50,000.00 In Disputed Damages The Louisiana Department of Insurance has… Continue reading Options to Quickly Resolve Your Hurricane Ida Claim
As we’ve previously discussed, your homeowner’s insurance policy is a contract between you and your insurance company. In the event of a covered cause of loss, your insurance company agrees to pay you for that loss. However, there are generally two types of damage valuations: Actual Cash Value and Replacement Cost Value. This distinction is… Continue reading Depreciation: Why is it so much? Recoverable Depreciation v. Non-Recoverable Depreciation
In response to widespread impacts on the State of Louisiana by Hurricane Ida, the Louisiana Department of Insurance issued Bulletin 2021-08 on October 15, 2021. The purpose of Bulletin 2021-08 is to establish a mediation program for all insurers and their policyholders in an effort to resolve Hurricane Ida claims as efficiently and quickly as… Continue reading Bulletin 2021-08: Hurricane Ida Voluntary Mediation Program
Hurricane Ida has left parts of Louisiana in a state of catastrophe. Power outages and property damage are widespread throughout the State. Over a million Louisianans were affected by Ida, and more than a week after the storm made landfall, hundreds of thousands were without power. Insurance companies are quite busy right now, and unfortunately,… Continue reading The Truth About How Insurance Companies Value Your Loss
What Homeowners Coverages are Available for Hurricane Ida? In Louisiana, your homeowner’s insurance policy does not cover damages caused by flooding. IN regards to hurricane damages, most homeowner’s policies provide four types of coverage: (A) dwelling, (B) other structures, (C) personal property, and (D) loss of use/additional living expenses. Generally, dwelling coverage is limited to… Continue reading What Does My Homeowner’s Insurance Policy Cover?
Was Your Hurricane Ida Insurance Claim Denied? For some homeowners in Louisiana, the last thing they need is their own insurance company not treating them fairly. Responses vary from insurance companies but in short, they will either deny your claim in full or part, not cover the entirety of the scope of damages and/or not… Continue reading Why Was My Homeowner’s Insurance Claim Denied?
If your house was damaged by Hurricane Ida, the tips below will help you better handle your claim. Act Quickly – If your home or business suffered damages due to Hurricane Ida, make your claim ASAP. Understand that insurance companies will be flooded by a deluge of phone calls and emails and only have… Continue reading Hurricane Ida: Tips for Handling Your Claim