Property Damage Claims
Property insurance provides protection against risks to property, including fire, theft and weather damage. It includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, or boiler insurance. Property is insured in two main ways: All-Risk and Named Perils policies.
All-Risk policies cover all the causes of loss not specifically excluded in the policy. Common exclusions in All-Risk policies include damage resulting from earthquakes, floods, nuclear incidents, acts of terrorism, and war. Named perils require the actual cause of loss to be listed in the policy for insurance coverage to be provided. The more common named perils include such damage-causing events as fire, lightning, explosion and theft.
Liability insurance is to protect the purchaser of the insurance, the “insured,” from risks of liability imposed by lawsuits and similar claims. It protects the insured in the event he/she is sued for a claim that is covered by the policy of insurance.
Liability insurance provides protection against third party insurance claims, i.e., someone suffering loss who is not a party to the insurance contract. In general, damage caused intentionally, as well as contractual liability, are not covered under liability insurance policies.
When a claim is made, the insurance carrier has the duty and right to defend the insured. The legal costs of a defense normally do not affect policy limits unless the policy expressly states otherwise; this general rule is useful because defense costs can be expensive when cases go to trial.
First Party Coverage Cases
These cases can involve a wide range of coverage issues including: concurrent causation; wind v. flood; sinkhole v. earth movement; rescission, construction defects, and trigger of coverage.
We have extensive experience in handling these cases throughout Florida and Georgia. This type of case ranges from a large commercial loss involving millions of dollars to simple homeowner’s claims.
Fraud & Arson
Insurance fraud costs policyholders and the insurance industry billions of dollars every year. Insurance fraud is also estimated to be the second largest economic crime in America, exceeded only by tax evasion. We have investigated and litigated all types of insurance fraud, including:
Large scale commercial arson fires
Total loss residential arson fires
Residential and commercial burglaries
Substantial commercial vandalism claims
Claims involving the mysterious disappearance of property/ automobiles
Claims involving stolen/damaged artwork
Legitimate catastrophic property loss claims where the insured seeks policy proceeds for damage unrelated to the catastrophic event
Claims involving application fraud
Claims involving underwriting/premium fraud
Claims involving broker and managing general agent issues