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Phoenix61

(16,952 posts)
2. Get a lawyer. Hurricane Michael proved how
Sat Jun 27, 2020, 03:36 PM
Jun 2020

important that is. Original offers of 30,000 turned into 60,000. They are trying to cheap out. I swear the adjusters get bonuses from insurance companies for this kind of shit.

TreasonousBastard

(43,049 posts)
3. Which insurance co.? Is there a liability claim against the house that burned, or is it the...
Sat Jun 27, 2020, 03:36 PM
Jun 2020

damaged house's company?

If the damaged house's company, they could be looking at deductibles, coinsurance, actual vs replacement value, and just generally trying to screw the policyholder. And different states have different laws and rules.

My advice would be to find a public adjuster to handle the claim. Lawyers sometimes do this, but don't always do it well. If you, or whoever, find a decent firm, it will pay for itself many times over-- in money and less stress.

Doodley

(8,976 posts)
4. Find a way of justifying more than 27K. Have you truly claimed for everything you possibly could?
Sat Jun 27, 2020, 04:23 PM
Jun 2020

Then tell them you will demand that higher sum unless they honor the 27K.

lastlib

(22,981 posts)
5. If they keep giving you crap, tell them....
Sat Jun 27, 2020, 04:53 PM
Jun 2020

...about your friendship with the state insurance commissioner. They'll dance your tune.

Or the state Assistant Attorney-General you were friends with in college. After fighting with an insurance company (Allstate) over my car damage for seven weeks, I told the claim handler I was done, my next call was going to be to the Asst AG I was friends with in college. In thirty minutes, I had my settlement--every dime.

Canoe52

(2,944 posts)
6. They always lowball initially to see if you'll take it.
Sat Jun 27, 2020, 05:35 PM
Jun 2020

All your neighbors have to say is they want the amount from the estimates or they’ll contact a lawyer and to keep refusing any offer less, the insurance company will eventually give in.

gibraltar72

(7,486 posts)
7. Ask him for his numbers justifying that offer.
Sat Jun 27, 2020, 05:53 PM
Jun 2020

I was in insurance. If it is lowball don't accept. If he's adamant ask to talk to his boss. The problem you might have without knowing specifics is ratio of coverage versus replacement cost. For instance market value of home is 200,000 but it would cost 500,000 to replace. Ins co. can justify only covering a portion of loss. I could explain further but that is simple version. If you need more PM me.

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