The principle that arises from this case is “the damaged portion of the property” is not limited to material directly hit by a storm.
What You Should Do. Find an expert in this field who will give an opinion on the cause.
This article is to help consumers make wise choices when considering property insurance.
The key to preparing for an EUO is the preparation itself.
Understanding the criteria for a Wisconsin bad faith claim is necessary when it’s time to get serious about an insurance company’s conduct.
For complex claims with several coverages being claimed, such as alternative living expenses and contents, public adjusters can smooth the process.
I think proofs of loss are an opportunity. It is an opportunity for the insured property owner to sit down with a contractor and/or public adjuster and carefully consider the scope of repair. Careful consideration benefits everyone.
The state law method is the default method when the insurance policy does not state the method. The insurance policy itself can govern calculation of interest, to the point that interest can be written out of an insurance policy.
Most Wisconsin insurance policies include a cooperation clause whereby the insured property owner must produce documents and records to support an insurance claim. The insurance company can deny a valid claim when a property owner fails to cooperate. Yet the insurer’s right to do so is not absolute.
The essence of a misrepresentation is when an insured states a fact that is false