Construction defect lawyers come into picture, when you have a claim to make for shoddy construction work. You have bought a home and also a home insurance policy to save your investment from prospective damage. The insurance company is duty bound to pay compensation for the loss of property but not every loss is insured. As a policy holder you should know the defects for which your property is insured.
The job of a real estate attorney starts with reading the policy statement of the client. It is your policy statement that has the answers to all your queries related to property loss claim. The attorney would go through your home insurance policy statement to make sure that the loss you want to claim is duly covered by the insurance policy. Only an attorney could tell what your policy statement says because the statements are constructed in ambiguous language to avoid claims.
Insurance is a legal matter hence you have to follow the rules governing the sector. You simply can't go and file claim as it won't be entertained. The claimant has to prove that the loss to his property is a result of shoddy work. Insurance companies are bound to pay compensation for the loss due to fault in design and use of inferior quality material. If the claimant is able to prove builders hand behind the property loss, he can get claim.
Determining the property loss in monetary terms is the most difficult part of the property loss claim process as insurer and claimant never agree at a price. Insurers try keeping the claim amount to minimum while claimants try to get maximum amount. It is where construction defect lawyers come in the picture. An attorney can settle the dispute by determining the right amount.
Insurers use adjusters to settle the claim in their favor but claimants hesitate in using construction defect lawyers to put their cases. It is learnt that homeowners rely on their insurers and it is where they are caught unawares. You are not safe when you are in the hands of insurers.
Insurance companies work to earn commission and paying compensation doesn't figure in their business. Yes they pay compensation but only when they are left with no option. The property loss claims cases reveal that it is the fear of construction defect lawyers that keeps the insurance companies on tenterhooks. Most of the times, compensation is paid under legal pressure.
Larry Thompson is a renowned construction defect attorney who has helped many individuals to get the fair compensation in case if they discovered construction in their home or building. The author has been associated with various reputed law firms. For more information please visit here Construction Defect Lawyers and Seattle Law Firm .
Orignal From: Construction defect lawyers: Settling property loss claims in favor of claimants
No comments:
Post a Comment