Category: Insurance Law

If your home or business has been damaged in a natural disaster, you may feel thankful that you purchased insurance beforehand.  However, you may find that your insurance may not cover your losses.  The fine language of exclusions and riders often determines the actual coverage of the insurance policy.   An insurance policy may cover natural …

The New Jersey Appellate Division again agrees that ambiguous insurance policy language favors the Policyholder in recent decisions: In Motil v. Wausau Underwriters Ins. Co., (1471442), the Court held that declaration page language creates a reasonable expectation of coverage. In Romhen, et al. v. Franklin Mutual Insurance, Inc. (WL 1776130), the Court determined that policy limitation provisions extend …

Insurance companies often take a fair amount of time to respond to a claim.  They also frequently make low settlement offers to try to save money.  It is not easy to deal with an insurance company.  However, insurance companies have basic contractual obligations they need to meet. Whenever there is an insurance company involved, there is …

Policyholders often ask what happens if they report a claim late to the insurance company. There are important practical and legal reasons for giving timely notice to the insurance company, and you never want to take a chance by reporting a claim late. The requirements for notice vary based on your policy. An occurrence policy …

Before the insurance company makes a monetary offer, they need to decide that your damages are covered. They may believe your claim is excluded or does not fall within the policy’s coverage. Alternatively, they may have an issue with how you filed the claim. While you can always challenge the insurance company in court, you …

When you purchase an insurance policy, you expect the insurance company to cover the losses you suffer. In practice, it does not always work that way. You are currently involved in a complex contractual relationship with the insurance company. It helps to be familiar with the essential terms and concepts surrounding insurance so you can …

If your homeowners insurance premiums seem to keep rising, all you need to do is check your new mortgage statement each year. There, you will see the additional amount you must pay for coverage. There are reasons why your coverage costs you more each year, many of which relate to increased costs and expenses that …

You may feel relieved because you have an insurance policy if you have suffered a loss. However, the situation may become stressful if the insurance company denies your claim. The insurance company must give you a reason when they deny your claims. Here are some reasons why insurance companies commonly deny claims and what you …