Plano Residential Property Insurance Lawyer
Residential property insurance is designed to protect the policyholder’s house, condominium or other dwelling from certain risks and perils outlined in their policy. This protection provided can vary depending on the type of insurance policy purchased. Ultimately, the insurance company should help the policyholder recover from the loss caused by a covered peril, so the policyholder is able to go back to the position they were in before the covered loss. Some insurance providers, however, do not keep their end of their bargain and deny or underpay covered claims.
Insurance companies who engage in unfair settlement practices may be in violation of the Texas Insurance Code and may be held liable in court for penalties. To find out if your insurance company is acting in bad faith, we recommend you get in touch with an experienced insurance claims attorney.
Residential Property Insurance Lawyer in Plano, Texas
When you have sustained a covered loss, your insurance company should promptly and fully investigate your claim and timely advise you of its claim decision. If your insurance company is not properly adjusting the claim and refusing to pay for covered claims, consult the insurance dispute attorneys at LeMaster & Ahmed PLLC. Ms. Ahmed and Ms. LeMaster have over 30 years of combined experience in insurance coverage disputes and will fight to coverage that you are entitled to under your policy.
Contact LeMaster & Ahmed PLLC for your free consultation. You can call our office number at LeMaster & Ahmed PLLC to set up your case evaluation. LeMaster & Ahmed PLLC assists policyholders throughout the greater Plano and Collin County area including McKinney, Farmersville, Allen, Princeton, Friso, Blue Ridge, Murphy, Melissa and Nevada.
- Types of Residential Property Insurance in Plano Texas
- Why Did My Insurance Deny My Claim?
- Helpful Resources for Policyholders in Collin County, Texas
- Emergency Resources for Collin County, Texas
Types of Residential Property Insurance in Plano Texas
The coverage for residential property insurance depends on the type of policy you purchase. Insurance providers offer different protection plans for a house or condominium depending on the policyholder’s situation. Although they may differ, the purpose of a residential property insurance policy is to provide financial coverage against losses due to disaster, theft or other covered risks and perils.
One of the most commonly bought policies is a homeowners policy. What’s covered under homeowners insurance policy depends on the specifics of the policy, but most homeowners insurance companies will cover the following losses:
- The dwelling;
- Any structures detached your home such as a garage or fence;
- Personal property within the home such as TV, clothes or furniture. It is important to note that some high-priced property such as jewelry or fine art may not be included in the policy unless additional protection was purchased;
- Additional living expenses
Another popular residential property insurance is for condominiums. This type of insurance guarantees protection to the interior of the home, not the exterior. Condominium insurance policies vary depending on the policy but most cover the following:
- The interior of the condo including appliances, counter tops, flooring and fixtures;
- Any personal property such as clothes, TV or furniture;
- Additional living expenses
Why Did My Insurance Company Deny My Claim?
First read your policy to identify the coverages provided. The policy dictates what is covered and your insurer’s liability. Your insurer must communicate its acceptance or denial of a claim in writing to you in a timely manner. If your claim is denied, your insurance company is required to provide you with the basis of denial in writing. Review the insurance company’s letter closely. If your covered claim was denied or underpaid, consult with an experience residential property insurance attorney.
Insurance companies are required to adjust your claim in good faith. Insurance companies who engage in unfair settlement practices may be held liable in court. The following are some examples of conduct which could be in violation of the Texas Insurance Code:
- Misrepresenting policy provisions relating to coverage issues
- Failure to provide a prompt, fair and equitable settlement of a covered claim
- Refusal to pay a claim without a reasonable investigation
- Failure to provide in a timely manner a reasonable explanation for the denial of a claim
- Failure to accept or reject a claim within a reasonable time period
- Refusal to settle or unreasonably delaying a settlement on the grounds that other coverage may be available to the policyholder or that a third-party may be responsible for the damage
Helpful Resources for Policyholders in Collin County, Texas
Texas Insurance Code – Visit the official website for the Texas Statutes to read further about the laws for insurers under the Insurance Code. Access the site and learn about your rights as a policyholder, what’s considered a bad faith action under the law and other information.
Texas Department of Insurance – The Texas Department of Insurance oversees insurance companies and imposes disciplinary action if there is evidence the insurance provider was acting in bad faith or broke the Insurance Code. TDI is also in charge of the administration for worker compensation systems as provided by the Texas Labor Code.
Collin County District Courts – The Collin County District Courts handles civil cases where there is at least $200 being disputed or claimed in damages. Access the site to view their docket, local rules, important forms and documents, or to look up a case from the past.
Collin County Clerk – The County Clerk performs a wide range of record keeping, information management, and financial management for the court system and county government. Access the site to gain access to important forms, how to file a suit against your insurance company and other important information.
Collin County Floodplain Maps – Visit the official website for Collin County to view their map for floodplains in the local area. A floodplain is a low area of ground that is prone to flooding and if you live near one there’s a high chance your house will experience flood damage. Flood damage is one of the most common claims denied by insurance companies, so you may want to check out this tool to ensure if you need protection or not.
Property Protection Information | Flood Damage – Visit the official website for the city of Plano for tips and information about how to protect your property from flood damage. Access the site to learn what structural modifications could protect your home, the role of the city when your home is damaged and other relevant resources.
Emergency Preparedness Resources in Collin County, Texas
Collin County Hazard Mitigation Plan – As a preventative measure, Collin County has developed a hazard mitigation plan to reduce losses after a disaster. Access the official site for Collin County to learn more about the plan including what natural hazards could affect Collin County, action items for citizens, as well as how to update/maintain the plan.
Collin County Emergency Management – Visit the official website for Collin County, Texas and learn about their emergency management team. The program is a coordinated effort that involves local, state, and federal agencies that work in conjunction with other third parties to provide emergency resources to those affected by a natural or man-made disaster. Access their page for emergency resources and the contact information for every emergency manager in Collin County, Texas.
Plano’s Emergency Management Team – Visit the official website for the city of Plano to learn more about their emergency management team, their plans for coordinating emergency protocols, as well as making sure resources are available to the general public. Access the site to learn about their outdoor warning system, CERT, CMS preparedness or their contact info.
DisasterAssistance.Gov – Visit the official website for the Disaster Assistance Improvement Program (DAIP) to learn more about their resources for disaster survivors including information, support, services and a means to apply for disaster assistance through efforts between federal, tribal, state local and private sector partners.
Collin County Lawyer for Residential Property Insurance Claims
If your insurance claim was unjustly denied, consult the legal team at LeMaster & Ahmed PLLC. Our attorneys have more than thirty years of combined experience in handling insurance coverage disputes. We will work tirelessly to ensure you receive the benefits owed to you under your insurance policy. Call us now at (888) 306-2119 to set up a free case evaluation.
LeMaster & Ahmed PLLC represents clients throughout the greater Plano and Collin County area, which includes McKinney, Farmersville, Frisco, Allen, Anna, Nevada, Blue Ridge, Lucas and Fairview.