Anyone who has ever lived through a tornado and submitted an insurance claim for property damages may wonder how an insurer can get away with denying or underpaying claims after such a catastrophe. Residential and commercial properties can sustain devastating damages even without a direct hit by a funnel cloud, as properties near the direct path of a tornado can suffer damages from the accompanying windstorm, hail, and rain.
People who most need their insurance companies to come through for them are the most vulnerable to bad faith practices by some insurance companies. When insurers deny valid claims or only pay for part of the damages—far less than what you expected or need—they are participating in unscrupulous behaviors.
If your home or business sustained tornado property damages and you haven’t received a fair claim settlement, here’s what you need to know:
- When your claim is approved for less than what you need to repair or rebuild, be careful about cashing the check. Sometimes this action may stop you from collecting more compensation down the road.
- Insurance companies interpret the policy language to benefit them; however, courts tend to side with the property owner.
- Your insurance company may not take you seriously without legal counsel or the threat of a lawsuit.
If you have received partial payment on your residential or commercial tornado damage claim, call a skilled insurance lawyer who will stand up for you against the bad faith insurers to get you the full amount you deserve. You can reach the Voss Law Firm here at 888-614-7730 today for a complimentary case consultation.