Due to a barge of advertising insurance companies would have us believe that the claims process is very simple and easy. We simply submit our claim for the property damage that has occurred and before we know it, we will receive our payment.
Despite what advertising would lead us to believe, the claims process is not always easy. Without adequate legal representation, it may seem like an impossible task to obtain the compensation that you are expecting.
Insurance companies work to pursue what they deem to be in their best interests, not that of the policyholder. Due to the often complex and difficult to understand laws that pertain to property damage claims you stand a far greater chance of receiving a fair settlement if you obtain the assistance of an attorney to help you with your claim.
Our law firm is committed to helping our clients receive the maximum compensation that their damage claims. Call our law offices at (855) 768-7674 and schedule a free consultation to review your claim.
When is the Best Time to Hire a Property Damage Claim Attorney?
By far, the best time to hire an attorney who can guide you through the claims process is immediately after the damage occurs. By being proactive you can have peace of mind that your claim will be handled correctly before being turned in to the insurance company.
Nevertheless, even if you have already submitted your property damage claim, you still have the option to obtain legal representation to support you in obtaining what the insurance company may owe you. If your insurer is acting in bad faith by delaying or attempting to undervalue your claim you need the guidance of an experienced attorney who will fight for your legal rights.
How Long Does an Insurance Company Have in the state of Texas to Settle a Claim?
In Texas, insurance companies are allowed 35 business days to settle a claim after it has been filed.
The breakdown is as follows:
- 15 Business days: In which to acknowledge the claim and send the policyholder instructions and the necessary paperwork including proof-of-loss forms. These forms act as a sworn statement in which the policyholder affirms the amount of damage that has occurred.
- 15 Business days: During this time, the insurance company must make a determination about the claim after having received the proof-of-loss forms.
- 5 Business days: This is the amount of time the insurance company has in which to make the final payment if the claim is approved.
If the insurance company knows that you have legal representation when you file your claim, typically the claims process will be much easier for you. Having an attorney by your side tells the insurance company that you are well prepared and expected to be paid in a timely manner for your claim.
Should I Call a Lawyer for My Needs?
Contact our law firm by calling (855) 768-7674 and schedule a free initial consultation with one of our experienced property damage attorneys. They can review and explain the claims process, and help you determine the best method in which to move forward with your insurance claim.