Bad Faith & Fire Insurance Claims: 5 Warning Signs to Know (Pt. 1)

In the aftermath of an electric blanket fire, one of the important things for affected people to do will be to file fire insurance claims with their insurers to getInsuarance Claim Denial compensation for the damage done to their homes.

 

While this may seem like a relatively straightforward process and many people will expect their insurers to be there for them after devastating home fires, the harsh truth is that:

  • Policyholders can find themselves fighting insurers for payouts for their legitimate home fire claims.
  • It’s not uncommon that insurers will practice bad faith to try to avoid paying policyholders the full amount of (or any) compensation for their fire claims.

When this is the case, policyholders should:

  • Not let insurers get away with acting in bad faith with their claims
  • Turn to the attorneys at the Law Office of John Gehlhausen for help securing the payouts they deserve.

In this three-part blog, we’ll highlight some of the most common warning signs of insurance bad faith when it comes to homeowners’ fire insurance claims. Being familiar with these warning signs can help you know when it’s time to challenge insurers and fight for your rights to compensation.

Sign 1 – The insurer is contending that you don’t have an active homeowner’s policy.

When insurance companies may be looking to outright deny your claim regarding the damage caused by an electric blanket fire, one of the things they may try to do is contend that you don’t have an active policy with them. This is a specific type of bad faith practice that is known as post-claim underwriting. 

With this type of bad faith practice, insurers may try to allege, for instance, that you missed or were late paying a monthly payment or that you didn’t renew your policy when it expired at some point in the past.

If this occurs, policyholders need to remember that:

  • Their homeowners’ and fire insurance policies are legal contracts that the insurer must honor.
  • When insurers have been collecting payments on their policy and have not informed the policyholders that they no longer have a policy, then policyholders can reasonably assume they have an active policy.

In these cases, it will be important to prove that policyholders do, in fact, have an active policy with insurers and, consequently, that insurers are legally obligated to hold up their end of these contracts. Bank statements proving payments to insurers can be crucial evidence in these bad faith cases.

Be sure to check out our second and third parts of this blog for more info regarding the warning signs of insurance bad faith with electric blanket fire insurance claims.

Electric Blanket Fire Attorneys at the Law Office of John Gehlhausen

In the aftermath of an electric blanket fire, victims may overwhelmed and anxious, especially if they have suffered any injuries or if their home has been damaged. While they may have insurance that they expect with cover such injuries, losses and damages, insurance companies are often not looking out for victims’ best interests and, instead, are looking to save their own profits and bottom lines. In such cases, victims will need an aggressive, experienced advocate who can help them obtain the compensation they need and deserve.

Have you or a loved one suffered a personal injury or any type of property loss due to an electric blanket fire? If so, it’s essential that you contact and work with an experienced electric blanket fire attorney who will defend your rights and help you secure the maximum possible compensation you deserve. For more information about your legal rights and to receive professional advice regarding your case, please call the Law Office of John Gehlhausen at 720-542-7885 or email us—we can help!