Purchasing a home is a big investment. This is true whether the home is a primary residence or rental property. To protect their investment, homeowners in Tennessee turn to home insurance.
If you’re involved in an auto accident, the next step is to file a claim with your insurance company. Even if you’re fairly certain that you’re not at fault, your insurance provider may believe otherwise. If your claim is denied, The Street recommends taking the following steps.
Water damage in your Tennessee home is a huge issue. Not only can it ruin fixtures, it can also result in mold growth and lay waste to your precious belongings. While conventional home insurance covers some types of water damage, other types require separate protection. Allstate explains what you should know about protecting your property against all kinds of water damage.
Having renter's insurance is a responsible thing to do in case you suffer a loss while renting a property in Tennessee. However, as with any insurance policy, in order to be paid for your loss, you have to submit a claim. If you make a mistake during filing your claim, it could be denied.
You know that insurers do not remain in business by paying out on every claim; thus, an offer of a settlement from an insurance company following an accident should be expected. Yet just how hard should your stance be on accepting a settlement? As we here at The Gold Law Firm tell many of our clients in Shelby County, an insurance settlement offer is not something to always be summarily dismissed out-of-hand.
When one gets in a car accident in Shelby, the expectation is that auto insurance will pay for any injuries he or she (as well as other involved) sustained, along with the whatever repairs to any and all vehicles caught up in the collision. The question is whose insurance is going to pay for it. Most might automatically assume that the "at-fault" driver is responsible. At the same time, some might say that regardless of fault, those involved in car accidents are required to submit claims to their own insurance companies. So who is correct?
You pay your premiums to your insurance provider in Shelby every month with the expectation that should the time come the you need coverage, it would be automatic. This assumption seems to fly in the face of the age-old adage that insurers do not stay in business by paying on claims. Yours may indeed look for reasons to deny you coverage. While denials are permissible, they cannot be based off bad faith.
Which is worse: having an accident or having to deal with getting your vehicle repaired? Many people in Tennessee might find it hard to decide between the two, especially if they are caught between a repair shop and an insurance company that does not see eye to eye about what repairs are needed and the cost of the work.
The saying that "a man's home is his castle" could not be more apt. Just like with castles in the days of old, any breach in a modern home's walls can leave its occupants feeling defenseless. Yet rather than relying on regional allies to show up and offer support in such cases, today's homeowners instead rely on the assistance of their insurance carriers to refortify their properties. However, dealing with an insurance company following property damage can be a stressful proposition given that insurers in general are not perceived as being overly-enthusiastic about paying claims.