An insurance dispute held up the demolition of a house destroyed by fire for over a year. Unfortunately, this type of situation can happen. In fact, some disputes can last even two to three years or longer. Even more unfortunate than the loss of the home was the loss of two family members who died in the fire.
The following story was broadcast by WRAL News on May 7, 2008 – one year to the day they covered the original story about the fire itself. This story has personal affects on me as I was the independent appraiser for the insured in this case.
WRAL News - The May 7, 2007, fire at 1884 Memorial Church Road, in Fremont, claimed the lives of Shannon Minshew and her 77-year-old, bed-ridden grandmother, Mayola Waddell. Read the rest of this entry »
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(C) Joe Brennan is President and owner/operator of Insurance Claims Group, Inc., a national independent adjusting, appraisal, and umpiring firm. We will answer your claim questions FREE as part of our FREE Insurance Advice and Insurance Claim Consulting Services.
Property Damage Claim – The insurance sector declared record gains since 2004. According to the Insurance Information Institute (III), property insurers net income had grown $24 billion dollars from 2005 to 2006. In 2005, the industry earned profits of $49 billion; across 2006, the number accelerated to $73 billion! Keep in mind that such profits were obtained within two of the most costly hurricane damage years in history – 2004 and 2005. These particular statistics are leading several to wonder, “Why are insurance company revenues so substantial?” Read the rest of this entry »
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(C) Joe Brennan is President and owner/operator of Insurance Claims Group, Inc., a national independent adjusting, appraisal, and umpiring firm. We will answer your claim questions FREE as part of our FREE Insurance Advice and Insurance Claim Consulting Services.
Insurance Claim Help for Homeowners – Money Magazine published a good article relating to how insurance carriers suppress related information from property owners when they suffer from insurance damages. The particular article reports — “An insurance company that wants to hold down payout costs has several ways to do that. One involves the software designed to help assess financial damages.” Read the rest of this entry »
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(C) Joe Brennan is President and owner/operator of Insurance Claims Group, Inc., a national independent adjusting, appraisal, and umpiring firm. We will answer your claim questions FREE as part of our FREE Insurance Advice and Insurance Claim Consulting Services.
Insurance Problems – When Hurricane Katrina made landfall on Aug. 29, 2005, it caused an estimated $41.1 billion in insured losses across six states, and took an incalculable economic and social toll on many communities. Five years later, the recovery continues and some residents in the most severely affected states of Alabama, Louisiana and Mississippi are still struggling. (Insurance Advice available for those still struggling). Read the rest of this entry »
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(C) Joe Brennan is President and owner/operator of Insurance Claims Group, Inc., a national independent adjusting, appraisal, and umpiring firm. We will answer your claim questions FREE as part of our FREE Insurance Advice and Insurance Claim Consulting Services.
In a previous post, “Home Insurance Claim And Hurricane Damage Myths” we discussed how expert storm forecasters are calling for a high-grade 2010 Atlantic basin hurricane season. The article disclosed how the Institute for Business & Home Safety (IBHS) advises insureds on the the best ways to protect their belongings and property from hurricane claims. In light of the fact that NC has dodged the hurricane bullet for exactly 10 years (Floyd 1999), policyholders of the state should be hurricane ready in 2010. We can’t remain lucky forever. Read the rest of this entry »
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(C) Joe Brennan is President and owner/operator of Insurance Claims Group, Inc., a national independent adjusting, appraisal, and umpiring firm. We will answer your claim questions FREE as part of our FREE Insurance Advice and Insurance Claim Consulting Services.
Texas courts are protecting policyholders who disagree with their insurance company when it comes to fairly settling insurance claims (in this case roof hail damage claims). It’s bad enough to have insurance claim damage to your property, the last thing one needs is to have to become a professional wrestler to obtain what is rightfully theirs. Well, the Texas courts agree. Read the rest of this entry »
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(C) Joe Brennan is President and owner/operator of Insurance Claims Group, Inc., a national independent adjusting, appraisal, and umpiring firm. We will answer your claim questions FREE as part of our FREE Insurance Advice and Insurance Claim Consulting Services.
Some insurance advice should just not be ignored. When anyone suffers property damage, they should first notify their insurance company or their agent. Policyholders can call to initiate a claim or many companies now allow claims to be submitted through their websites. However, it’s always a good idea to submit your property claims via postal mail.
(C) Joe Brennan is President and owner/operator of Insurance Claims Group, Inc., a national independent adjusting, appraisal, and umpiring firm. We will answer your claim questions FREE as part of our FREE Insurance Advice and Insurance Claim Consulting Services.
Expert storm forecasters calling for a high-grade 2010 Atlantic basin hurricane season, the Institute for Business & Home Safety (IBHS) advises insureds on the the best ways to protect their belongings from hurricane claims. However, the same is true for home insurance claims. Let us take note of the most common misinformation about home insurance claims and hurricane readiness. Read the rest of this entry »
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(C) Joe Brennan is President and owner/operator of Insurance Claims Group, Inc., a national independent adjusting, appraisal, and umpiring firm. We will answer your claim questions FREE as part of our FREE Insurance Advice and Insurance Claim Consulting Services.
Too many homeowners buy insurance without reflecting much about what they are actually buying. Naturally, one thing is the premium or cost you pay for it. The cost is the single biggest cause of the insurance coverage purchase that seems to concern most buyers. When it comes to other parts of the insurance policies you purchase, the concerns are almost absent. Most buyers seem to unknowingly think that the insurance policy we purchase is the same, no matter which companies you buy it from. This type of attitude is based upon a fundamental misinterpretation of what the insurance policy is - and how the insurance industry runs. It can also cause insurance disputes. Read the rest of this entry »
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(C) Joe Brennan is President and owner/operator of Insurance Claims Group, Inc., a national independent adjusting, appraisal, and umpiring firm. We will answer your claim questions FREE as part of our FREE Insurance Advice and Insurance Claim Consulting Services.
9NEWS DENVER Reported - ”Hail up to the size of baseballs caused widespread hail damage to vehicles and homes around Brighton and Commerce City and other communities in the northeast metro area.” This storm occurred the afternoon of 5/26/2010.
Hail season produces hundreds of thousands of hail damage claims. Many of those claims end up in disagreements between the insurance company and property owners.
One common issue is that the insurance company usually wants to repair or partially replace damaged areas or certain slopes of the roof, where as the property owners want to replace the entire roof.
(C) Joe Brennan is President and owner/operator of Insurance Claims Group, Inc., a national independent adjusting, appraisal, and umpiring firm. We will answer your claim questions FREE as part of our FREE Insurance Advice and Insurance Claim Consulting Services.
An insurance dispute held up the demolition of a house destroyed by fire for over a year. Unfortunately, this type of situation can happen. In fact, some disputes can last even two to three years or longer. Even more unfortunate than the loss of the home was the loss of two family members who died in the fire.
