You may be surprised to find that Essentia has denied your property claim. However, Essentia may offer up reasons for doing this. Here are the most common ones:
To Save Money
Insurance companies like Essentia will find whatever reason they can to deny a claim. They may not have enough money to pay for all the claims they’re receiving from their customers. In this situation, they will tell you they cannot cover your claim because they don’t have the funds to do so. While this is usually a situation seen in younger insurance companies, any company may try to use this excuse. Or they might use another excuse. The team at Louis Law Group will examine your Essentia insurance policy and help you navigate the appeal process
Ultimately, the less money they payout, the more they can make from insurance premiums. However, courts can find that this constitutes acting in bad faith, which will require them to pay you.
An Insurance Adjuster Conducted a Poor Investigation
Insurance adjusters are subject to human error. They may not notice all the damages your property suffered, or forget to note them in their report. Unfortunately, insurance companies only care about what makes it into the inspection report. This makes any evidence of damage other than what was in the inspection report helpful for your case. If you want to get as much as possible from your claim, you should collect evidence of your own to use if the need arises.
Too Many Claims
When there is a natural disaster, thousands of people may sustain property damage. A denied property claim – by Essentia or another insurer – is very likely after a disaster scenario. Hurricanes and tropical storms are common events in Florida. Insurance companies know how damaging these storms can be, yet they don’t hire enough people to process the claims that will inevitably flood their offices. Again, this money-saving technique can lead to problems for people like you who want to file a claim and receive rightful compensation.
Essentia may also try to deny your claim on procedural grounds. They will acknowledge that your property sustained damage and that your policy is in good standing and covers the damage. However, they will claim that you didn’t follow the rules to become eligible for a claim payout.
Common procedural reasons include the following:
While these may seem like unreasonable reasons for denying your claim, insurance companies everywhere use them all the time. This is why you need someone on your side who knows how to deal with insurance companies who use weak reasoning to deny your property claim.
If your Essentia property claim was denied, you’ll want options. Thankfully, you can contact Louis Law Group if you feel Essentia has acted unreasonably regarding your claim. We can provide you with a free consultation and let you know what steps you can take. Contact our office, call (954) 676-4179 today