When people file insurance claims after natural disasters such as hurricanes, they expect to receive full coverage from their insurers in order to repair the damages they have suffered. However, sometimes policyholders are offered payouts that are significantly less than what they expected according to their policies. In these situations, people may assume that their insurers’ large number of claims after an emergency like hurricanes may necessitate a reduction in coverage, and others may believe that they should simply be thankful to receive coverage at all. It is important to note, though, that wrongful underpayment of insurance claims is unlawful, as it can leave policyholders facing a number of frustrations.
If a person’s claim is underpaid by his or her insurer, the individual may be left with a variety of difficulties, including:
In short, underpayment can cause significant stress for a homeowner or business owner. If a property owner is rightfully owed a certain amount of coverage according to the terms of his or her insurance policy, he or she shouldn’t settle for any less from the insurance provider.
A lack of adequate payout from your insurer isn’t something you have to accept. You may be eligible to file an appeal for an underpaid claim in order to fight for fair treatment as a policyholder. To learn more about your legal options, contact an attorney from Williams Kherkher today by calling (713) 352-0031.