How long is an ins co req to keep a claim open if you are unable to make repairs? What should be done about any add’l damages before repairs complete?
Free Insurance Quote Comparison
Secured with SHA-256 Encryption
UPDATED: Apr 19, 2012
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
Insurance Question from Chattanooga, TN
Asked on 04/19/2012
How long is an ins co req to keep a claim open if you are unable to make repairs? What should be done about any add’l damages before repairs complete? My ins dropped us bc of new underwriting laws 2011 at the end of our policy. We have an open claim (April 2011 damages) but could not afford to start repairs. Now, we have a contractor willing to start the work and work directly with insurance company, but there has been additional damages from another storm last month.
Answer given on April 21, 2012
You did not indicate if the insurance company has issued a check for the repairs to you or what is being done with the settlement. If there has not been a check issued, you need to find out why the insurance company has not settled the claim. They should have been willing to pay the contractor directly for a partial settlement to get the work started. Then, when the work is completed the balance due on the claim would be paid to the contractor. You would owe for your deductible.The new damage to your home would not be considered a part of the previous claim, since this was causd by a different storm, so a new claim would have to be presented. If the damage occured before the policy was cancelled, you need to submit to the insurance company. However, it is possible they will deny this claim because it was caused by the fact you had not made repairs to the home for the previous claim.
IMPORTANT NOTICE: These answers are for general information purposes only and are provided by the person answering and FreeAdvice.com AS IS. It has not necessarily been reviewed by the management staff of FreeAdvice.com nor is it binding any insurance agent, broker, or other insurance professional or any attorney or insurance company. Insurance laws, regulations and practices vary from state to state and insurance policies and practices differ from company to company, by type of policy, by state and locality and by type of insurance. Tiny variations in the facts, policy language or a detail not set forth in a question often can change the outcome or a professional's conclusion. Although FreeAdvice.com has confirmed that the answer(s) was/were provided for the account of an experienced insurance professional, that professional may not be licensed in the state referred to in the question, and may not be experienced or up to date in the subject area. Unlike the answers provided here, upon which you should NOT rely, for personal advice you can rely upon we suggest you consult a licensed insurance professional in your area or retain a licensed attorney listed on AttorneyPages.com to represent you.