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Insurance Claims

Problematic Payouts In First Party Insurance Claims

Miami insurance claim lawyer

First party insurance claims are those claims placed by a policyholder. The insurance company is considered the second party; any additional claimant is considered the third party. An example of a first party insurance claim would be a case in which a homeowner has storm damage and makes a claim with his or her homeowner’s insurance company. In accordance with the policy’s coverage and exclusions, the insurance company generally has a legal responsibility to provide fair compensation within a reasonable amount of time without undue burden on the homeowner.  In some cases, insurance companies are less than adept at providing a...

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