Insurance Claim Causes

Palm tree in a storm.

First party insurance coverage refers to the duty that insurance agencies have to their policy holders when a wide range of damages are suffered. Unfair claim settlement practices have become commonplace in the United States today. Policy holders pay monthly premiums with the understanding that their insurance company will pay for damages in their time of need. Sadly, far too many insurance companies are taking advantage of these people and not holding up their end of the bargain. When an insurer acts in bad faith they may discount, delay, or deny a claims payment with supplying a reasonable basis for such action. Insurance agencies act in bad faith often and because it is stated that these companies must act in good faith and with reasonable dealings, they are subject to punishment by law. As such, a policy holder may sue an insurance agency that is acting in bad faith to recover an amount that is often larger than the face value of the original policy. Arguello, Hope & Associates represents policy holders across the nation, regardless of the causes of damage. Insurance claim causes range significantly and our experienced personal injury attorneys have the knowledge and skill necessary to fight for the compensation that you and your family deserve. When you pay a premium to your insurance agency, you should be covered when something terrible happens. We are here to ensure just that. To learn more about your specific legal options, please fill out a CONFIDENTIAL EVALUATION form on this page.

Common Causes of Damage

First party insurance coverage traditionally refers to tangible property, commonly things such as homes, buildings, inventory, permanently installed equipment or machinery, and any personal property that is owned by the insured policy holder. From natural disasters to man-made disasters, policy holders depend on their first party policies to cover them when damages occur in an accident of any kind. Determining the cause of damage will often play a role in coverage obtained. As a general rule, the injured party is able to recover for any and all injuries or harm sustained for damages in tort. These damages may include legal expenses, mental distress, and any economic losses. In situations where the insurance company acts in such a way that is particularly egregious, punitive damages may be awarded as well. Damages can be either compensatory or punitive. The following are some of the most common types of torts and damages:

  • Negligence
  • Libel
  • Fraud
  • Slander
  • Battery
  • Assault
  • Misrepresentation of facts

The following are some of the most common causes of damages:

  • Hurricane
  • Flood
  • Tornado
  • Wind
  • Fire
  • Earthquake
  • Lightning
  • Water
  • Tornado
  • Hail
  • Business Interruptions
  • Water Heater Explosion
  • Sewer and Drain Backup
  • Lead-Based Paint
  • Burst Pipes

While the above are some of the most commonly seen types of damages, residents across the nation have suffered from a wide variety of additional damages. Regardless of the cause of damage, it is essential for those who have been taken advantage of by insurance companies to seek legal representation. If you are a policy holder having issues with your insurance agency and you need assistance in recovering your first party insurance coverage, call us today at 1-888-CLAIM-68 (1-888-252-4668).

Contact an Experienced Damages Lawyer Today

When an insurance company denies a first party insurance claim, many policy holders are left feeling disappointed and at a lost for what to do next. Our experienced insurance claim attorneys at Arguello, Hope & Associates maintain the legal knowledge and skills to help those seeking financial compensation for the damages to their property. We work diligently to fight for the MAXIMUM compensation possible in every insurance claim. With over 10 years of combined legal experience, our personal injury lawyers know how to handle insurance agencies from across the country. Are you a claimant looking to finally receive the compensation that you deserve? Call us today at 1-888-CLAIM-68 (1-888-252-4668). For more information regarding your claim, please complete a CONFIDENTIAL EVALUATION form above.