There is nothing more frustrating than damages to your property. The only thing more frustrating than the damage itself is trying to deal with an insurance company that does not want to pay for the full extent of the damages.
There are a variety of situations that can result in water damage to your property. Some of these situations include:
- Pipes bursting
- Leaky roof
- Broken appliances
It is important to know the limits and coverages of your insurance policy. The extent of your damage needs to be carefully documented, as well as the cause of the damage. You need to fully understand what type of damage is and is not covered by your insurance policy. Insurance companies have started to significantly limit the coverage available for water damage on property owner’s policies.
There is a key difference between water and flood damage. Most homeowner’s policies dictate that rain water that causes damage to a property before coming in contact with the ground is not applicable to flood damage claims.
If your damage is a result of flooding, then that would be part of your flood insurance policy. Flood insurance claims must be filed federally, as the government is responsible for all flood insurance claims that are written under the National Flood Insurance Program. If you have private flood insurance, which most people do not, then the answer may be different. In New Orleans, flood insurance policies are common and are typically a requirement for all property owners. Even where you get your flood insurance through a large insurance company such as Allstate or State Farm, you are likely getting your insurance through the National Flood Insurance Program.
Water Damage to Your Property
When your property has suffered water damage, you need to ensure that your property will be protected by your policy. It is a good idea to hire a qualified law firm that has resources available. A good attorney will hire an independent investigator to assess the extent of the damage to your property. Excessive water damage can leave property with structural issues that can quickly compound the repair costs. If other damages like theft, fire, or even explosions occur as a result of water damage, these damages might be covered under your insurance policy.
This is why it is so important for property owners to understand their insurance policy. The insurance companies are not responsible for letting you know what might be covered, that is up to the policy owner. If you are unsure, or if your policy is confusing, hiring an attorney to help you with your claim is in your best interests.
One of the residual effects of water damage is mold. Mold can cause damage to property and there are a variety of health issues associated with prolonged exposure to mold. Some of the health problems include: respiratory infections, bronchitis, asthma, and other respiratory issues. The medical bills associated with mold exposure can quickly amount from tens to hundreds of thousands of dollars.
This is why getting your claim settled and your property repaired is so important. The repairs from water damage need to be handled expediently and professionally. Property that has been subject to water damage needs to be thoroughly dried out and moisture barriers need to be put in place to coincide with any necessary repairs. Without proper repairs, you could be subjecting your property to mold and all the troubles associated with it.
Another potentially costly effect of water damage is decay. Most properties have a wooden structure and excessive moisture can quickly rot out the wood. This can cause structural damage and has the potential for some serious damages as the structural wood weakens as a result of the water damage. Decaying wood is also prone to attracting termites and other insects that can weaken the property’s structure.
Regardless of your water damage issues, a professional law firm can help you to file your claim and ensure that you receive the necessary compensation to maintain the integrity of your property.
Helping Clients with Water Damage Insurance Claims Throughout Louisiana
If you live in Louisiana, you likely know that water can cause devastating damage to your home or business. When you make an insurance claim, you may be surprised how complex and frustrating the process may be. Insurance policies are highly specific when it comes to coverage for water damage. For example, your insurer may separate water damage from flood damage from other types of water damage, meaning you will need to make a claim under a separate flood policy if the damage occurred due to water that started on the ground. On the other hand, water damage that may be covered may stem from:
- Roof leaks
- Broken pipes
- Sewage backups
- Appliance leaks
- Clogged toilets
Water damage can quickly cause dangerous conditions in your home or office, such as mold and decay. Mold can cause a number of serious health issues, and decay can result in termites, carpenter ants, and costly repairs. If you’re dealing with water damage, it is important that you speak with an experienced insurance claim attorney about your case right away.
How Our Lawyers Can Help
Too often, insurance companies will attempt to limit payment on a valid claim, even if you have never missed a premium payment. Having a skilled insurance claim attorney handling your claim can often improve the process and outcome, as we know the tactics insurance adjusters and companies use to minimize or wrongfully deny claims in bad faith. We can assist with the claims process from the very start, or we can help you appeal a partial or total denial of your claim.
Consult with a Louisiana Water Damage Claim Lawyer for Free
Water damage losses can be difficult to calculate, and you can be sure your insurance company will make a low initial offer. You should never accept an insurance settlement offer without first discussing your situation and losses with our water damage lawyers at SVHC Law. Call (504) 493-7519 or contact us online to schedule your free consultation today.