First Party Property

How to Get a Mortgage Company to Release an Insurance Claim Check

By Ricky K. Patel Esq.  During the settlement and negotiation phase of a typical first party property insurance case, the main objective for both parties is to determine the value of the claim and reach a settlement agreement. After settlement of their claim, many homeowners are surprised to learn that once they receive a settlement…

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How Insurance Companies Underpay Insurance Claims

By Ricky K. Patel Esq.  Most homeowners are meticulous in making sure that their property insurance premiums are paid on time. So, after your home sustains damage due to a covered loss, you may assume that your property insurer will do the right thing and properly compensate you for the damages you’ve claimed. Sadly, many…

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How to Deal With a Long Drawn Out Insurance Claim Process

By Jesmany Jomarron, Esq.  Some insureds may be lucky enough to go through their entire life without ever needing to file a first party property insurance claim. Unfortunately, when your home is damaged by a hurricane, storm, or other peril, you must quickly familiarize yourself with the property insurance claims process in order to successfully…

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What Are Your Rights When Filing a Homeowner’s Insurance Claim?

By Wesley J. Farrell Esq.  Numerous insured homeowners are not aware of their legal rights when reporting and negotiating a homeowner’s insurance claim with their property insurance companies. At Farrell, Patel, Jomarron & Lopez, we believe knowledge is power. That is why we always stress the importance of understanding your legal rights when it comes…

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Property Insurance: How to Understand the Details of Your Coverage

By Mario E. Lopez Esq.  Homeowners purchase insurance coverage for their homes because of the security it provides from financial loss and damage to their investment. When an insured enters into an agreement with a property insurance company, both parties owe each other a duty to act in good faith and must deal fairly with one…

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Can a Unit Owner Directly Sue An Association’s Property Insurer?

By Ricky K. Patel Esq.  If you own a condominium property, a homeowner’s association or condominium board likely controls the upkeep of the property and amenities within the building. In most states, the board or association is allowed to purchase property and casualty insurance for the entire condominium including all of the common elements and…

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How to File an Insurance Claim After a Hurricane

By Wesley J. Farrell Esq.  When your home is damaged by a major hurricane, it can seem like all of a sudden you have a massive to-do list. White it can all be a bit overwhelming; it is extremely important to make sure you act fast, especially when dealing with property insurance companies. Regardless of…

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How Does Florida’s 25% Roofing Rule Work?

By Mario E. Lopez Esq.  For South Florida homeowners, the peril of roof damage is a constant concern. From tropical storms, hail, downed trees, to major hurricanes, all types of natural hazards can cause leaks and severe damage to your home. Whether you are a home or business owner, it is crucial you inspect your…

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Do You Need a Lawyer For Your Home Insurance Claim?

By Ricky K. Patel Esq.  For most homeowners, their home is their most valuable investment and, in most cases, the most expensive asset they will ever purchase or own. In order to protect their investment, homeowners usually purchase property insurance coverage which can fluctuate in costs depending on the type and scope of coverage purchased.…

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