According to insurance experts, 2019 is shaping up to be the worst year on record for hail damage in the United States. As of mid-April, there have already been 664 hailstorms reported, which is more than were reported in all of 2018. In addition, April, May and June are typically when most hailstorms occur, so this year’s total will almost…

Under Colorado common law, insurance companies owe a duty of good faith and fair dealing to their insureds. When an insurer acts in bad faith, it breaches this implied duty of good faith and fair dealing and a claimant can take legal action against it. To succeed, a claimant must prove that the insurance company unreasonably delayed and/or denied payment…

When hail strikes in a ferocious storm, it often doesn’t last long. People quickly duck inside to wait it out. When they emerge, though, they may find lasting damage that poses an incredible financial cost. Even a short storm can be absolutely devastating for local property. If you want to see what this impact looks like firsthand, let’s look at…

When a home is damaged, a homeowner’s first move is often to file a claim with his or her insurance company. In some cases, that claim may be denied even if an individual believes that the damage is covered by the policy. If a claim is denied, it is important to review the terms of the policy carefully to see…

On February 6, 2019, the Iowa Court of Appeals published its decision in 33 Carpenters Construction, Inc., v. The Cincinnati Insurance Company, No. 17-1979, a case involving a post-loss assignment of a property damage claim to the insured’s contractor. The case has important implications for both insureds and contractors performing insurance restoration work with an assignment of benefits (sometimes also…

After a storm, damage to a home or building may not be evident right away. In May 2018, a hailstorm struck York County in Pennsylvania, and many buildings sustained damage. While the owners of these buildings may have insurance coverage, there is a deadline by which they must file an insurance claim. Generally speaking, the deadline is one year from…

Colorado homeowners are facing serious damages as a result of hailstorms throughout the state. However, when they file a claim with their homeowners’ insurance policies for the storm damage, they are facing delays, denials and lowered estimates that could hinder their opportunity to recover from the damage caused by the hail. In the past decade, homeowners and businesspeople in the…

When a storm hits in Colorado or other states, it is possible that it could cause damage to a person’s home. However, there is no guarantee that an insurance policy will cover the cost of repairing that damage. In some cases, an insurance policy will damage caps or other limits that may leave a homeowner paying for some repairs out…

Those who have an insurance policy may feel at ease knowing that there is financial protection in case of emergency. However, the process of filing a claim after a natural disaster or other event that causes damage may be confusing to policyholders. The first step in the process is to review the policy itself to get a better idea of…

Winter in Minnesota is brutal. Snow accumulates, and when the sun shines, it melts and turns into ice. When you combine these wintry elements with freezing temperatures, it creates particularly dangerous conditions. This can cause issues in your home. You may wonder if winter home repairs are covered by homeowners insurance. Here is what you need to know about a…