by Ed Beckmann | Nov 15, 2024 | Insurance Claims, Insurance Claims 101
Insurance policies often include a deadline to complete repairs. This post discusses how property owners should think about such a deadline when an insurer claims the deadline has expired, thus it will not pay depreciation (replacement cost value). Deadlines to...
by Ed Beckmann | Oct 11, 2024 | Insurance Claims, Insurance Claims 101
Resources are finite. Property owners and their advocates need to allocate resources correctly. People do not have time for wild goose chases. Of all the wise fights to fight, perhaps the wisest and most cost effective is to push hard for a true, neutral umpire in...
by Ed Beckmann | Aug 31, 2024 | Insurance Claims, Insurance Claims 101
After a hail or wind storm many property owners will see neighbors with new roofs, paid by insurance, and ask “why not my roof”? Same storm, same hail, so why not a new roof? The correct answer is complicated. The fact neighbors had hail damage is always relevant....
by Ed Beckmann | Jul 15, 2024 | Beckmann Law, Insurance Claims, Insurance Claims 101
Minnesota has three statutes that provide interest for insured property owners. The statutes are Minn. Stat. § 65A.01, Minn. Stat. § 549.09, and Minn. Stat. § 60A.0811. The first statute does not specify the rate and is rarely argued. The second applies to...
by Ed Beckmann | Apr 30, 2024 | Insurance Claims, Insurance Claims 101
Insurance appraisals determine the amount of loss, or scope of loss, with finality. In Minnesota that includes the cause of loss. In Wisconsin and Illinois, where I am also licensed, the case law is less certain as there is authority to suggest an insurer must first...
by Ed Beckmann | Mar 30, 2024 | Insurance Claims, Insurance Claims 101
Minnesota property owners and their advocates need to be careful when calculating deadlines for pursuing an insurance claim. For years most Minnesota property insurance policies have been constructed as all-peril policies with one deadline for filing suit. An...
