A home’s roof is its first line of defense against the outdoor world, protecting your home’s interior from rain, hail, storms, and many more of nature’s harshest conditions. Roof damage is a serious issue that needs to be remedied quickly to prevent further damage. Repairing roof damage can be costly, and many homeowners rely on their insurance company to recoup their monetary losses. Unfortunately, some insurance companies may undervalue or wrongfully deny a valid roof damage claim to avoid making large payouts, forcing policyholders to pay outrageous out-of-pocket expenses.
If your roof has suffered damage, speak with one of our experienced insurance attorney before filing your claim. Contact our Nevada law firm today to request a free, no-obligation case consultation with one of our experienced insurance lawyers!
Roof damage can occur for various reasons, and whether a homeowner’s insurance policy covers roof damage will depend upon that policy’s unique language and protections. The following are a few of the most common causes of roof damage.
Policyholders need to remember insurance agencies are for-profit companies. While it’s true not all insurance companies place their financial interests above the needs of their clients, some may avoid paying sizable payouts for legitimate claims. When an insurance company refuses to provide a fair payout for a valid claim, that company is considered to be acting in bad faith. Most states, including Nevada, have enacted the Unfair Claims Settlement Practices Act (UCSPA) to deter bad-faith insurance practices. This law protects insured individuals against unjust practices and unfair claim settlements. Specifically, the UCSPA grants policyholders the legal right to file a claim or lawsuit with a bad-faith insurance attorney against the insurance agency.
Bad faith insurance denials can cost policyholders exorbitant out-of-pocket expenses for damages that should have been covered. Accordingly, policyholders must recognize when an insurance company acts in bad faith. Below are a few common bad-faith insurance tactics policyholders should consider after filing a claim.
Many insurance policyholders mistakenly believe they must accept their insurance company’s first offer. However, this isn’t the case. Often, most first offers are significantly lower than the amount that policyholders are rightfully entitled to. Worse yet, some insurance companies may wrongfully deny a valid claim. If you suspect your roof damage claim has been denied in bad faith or your settlement offer was undervalued, our experienced insurance dispute attorneys can help you pursue a fair settlement. Our skilled Las Vegas lawyers deeply understand insurance laws and can represent clients such as homeowners, homeowners associations, business property owners, and more!
Contact us today to request a free, no-obligation consultation with one of our experienced insurance litigation lawyers!