Frequently Asked Questions About Florida Property Insurance Claims for HOAs
Q: How much does hiring a property insurance attorney for an HOA cost?
A: The fee is typically a percentage of the recovered amount. This arrangement allows HOAs to access legal expertise without upfront costs. While hiring an insurance lawyer may incur some costs, the potential cost savings can far outweigh the expenses by helping you maximize your claim and expediting the overall claim process.
Q: Can an HOA handle a property insurance claim on its own without legal representation?
A: While an HOA can handle a property insurance claim without legal representation, it is not recommended. Without expertise in insurance law and claims handling, HOAs may make costly mistakes that can jeopardize their financial well-being.
Q: How long does settling a property insurance claim with legal representation take?
A: The duration of a property insurance claim can vary depending on the complexity of the case and the cooperation of the insurance company. With legal representation, the attorney can expedite the process by negotiating with the insurance company and advocating for a fair settlement.
Q: Can an HOA switch insurance companies after a denied claim?
A: Yes, an HOA can switch insurance companies after a denied claim. However, it is important to review the new policy carefully and consider the reasons for the denial to ensure that the same issues will not arise with the new insurer.
The Value of Hiring a Lawyer for Your HOA Property Insurance Claim
Don't let insurance companies take advantage of your HOA. By hiring a lawyer with expertise in HOA property insurance claims in Florida, HOAs can level the playing field and ensure they receive the proper compensation they deserve. From reviewing insurance policies and documentation to negotiating with insurance companies and handling litigation if necessary, a skilled attorney can navigate the complex landscape and advocate for the HOA's best interests.
Has Your Home Insurance Company Denied or Undervalued Your Property Damage Claim in Florida?
If your insurance company is dragging their feet regarding your property damage claim you should speak with an experienced insurance claim lawyer as soon as possible. Please contact us online or call our Florida law office directly at 800.451.6786 to schedule your free consultation. We help Florida residents just like you fight the big insurance companies who fail to abide by their own policies. Remember, we work on a contingent basis, meaning you don't pay us anything until we win your case.