HB 1310, also known as the “Protect My Home” law, has been introduced in Georgia. If passed, this bill will amend Chapter 32 of Title 33 of the Official Code of Georgia Annotated to ensure fair claim payment to policyholders. With 16 sponsors, this bill has the potential to transform the property damage claim process […]
HB 1310 Will Require Accurate Claim Settlements To Georgia Policyholders Read More »
When a property damage insurance claim is wrongfully denied or underpaid, the costs associated with getting a fair payment often fall on the policyholder. This includes, but is not limited to, the use of Public Adjusters, appraisers, and other subject matter experts that must prove the insurance company made an error in judgment. The burden
SB22-094 Would Allow Reimbursement For Expenses On Underpaid Claims Read More »
Policyholders with a metal roof need to pay careful attention to policy details – especially the SafeCo cosmetic damage exclusion related to hail damage. Hail storms have not just increased in frequency over the past decade but size as well. As a result, states like Colorado can expect several massive hail events each year, a
Case Study: SafeCo Cosmetic Damage Exclusion Costs Homeowner $25k Read More »
As the threat of massive hail storms increases, so does the amount of cosmetic damage exclusions in insurance policies. Exclusions are one way insurance carriers limit coverage and reduce claim payout. Cosmetic damage exclusions usually apply to metal roofs but also siding, windows, and other exterior components. If the insurance carrier determines the damage is
Don’t Get Fooled By Cosmetic Damage Exclusions Read More »
Despite new laws going into effect this year to reform the insurance industry in Florida, thousands of policyholders are getting notices of rate hikes this month. Some increases are as high as 60% compared to last year. In addition, thousands more are getting notices of non-renewals due to their roof’s age and are scrambling to
FL Policyholders Face Rate Hikes Despite Insurance Reform Read More »
In February, winter storm Uri swept through Texas and left a trail of destruction costing an estimated $18B in repairs. Almost six months later, many policyholders are still waiting on repairs from their insurance company. Some are still living in hotels, unable to move back home due to the extent of the damage. The situation
46% Of Uri Complaints To TX Dept Of Insurance See Higher Settlements Read More »
Are insurance carriers asking engineers to falsify reports and deny valid claims? If so, how widespread is this practice? A recent investigation into property damage claims in Texas found that third-party engineers working for USAA doctored engineer reports to deny valid claims. In every instance, the claim adjuster recommended full roof replacements on homes damaged
How Insurance Carriers Use Engineers To Deny Valid Claims Read More »
Insurance companies exert their power and influence in the property damage claim process through lobbying efforts to ensure local and state laws work in their favor. The passing of SB-76 in Florida is just one recent example. Carriers spent millions of dollars convincing lawmakers to pass bills that will ultimately cost property owners more and
Carrier Influence On State Laws Can Lower Claim Payout Read More »
David Miller is the owner of Miller Public Adjusters in Wisconsin and a National Board Advisor for the American Adjuster Association. Proposed Senate Bill 434 (SB 434) limits the discretion and autonomy of a municipality to issue a raze order for an insured dwelling that has damage caused by a covered peril under the insurance
SB 434 Seeks To Eliminate the Issuance of Raze Orders In WI Read More »
It was a busy legislative session this year in Louisiana and for policyholders across the state still trying to recover from hurricanes that hit in 2020. Over ten insurance reform bills were introduced, and among those that passed are HB591 (referred to as ACT 345) and HB457 (referred to as ACT 402). These new laws
Louisiana Passes 2021 Insurance Reform Bills To Help Policyholders Read More »
