As a lawyer representing property owners in property insurance claim disputes, one key process my clients sometimes encounter is insurance appraisal. Here’s an overview of what insurance appraisal is, how it works in North Carolina, ...
When property owners receive insurance claim proceeds after filing a claim with their property insurance company, a common question arises: Are these proceeds taxable? Understanding the tax implications of insurance claim proceeds is ...
When navigating the aftermath of property damage, homeowners often not only face the physical loss of their property but also significant emotional distress. This stress can be exacerbated by the way an insurance claim is handled. In ...
Under North Carolina law, when an insurance company contends that a fire loss is not covered due to the insured's intentional actions, such as setting the fire deliberately, specific legal standards and principles apply. This blog ...
When a property insurance company goes out of business in North Carolina, policyholders with open claims may initially feel a wave of panic and uncertainty. The dissolution of an insurance company doesn't mean that claims will be left ...
Property insurance is a critical safeguard for businesses, offering protection against a range of unforeseen events that could otherwise disrupt operations and financial stability. In North Carolina, as in other states, business ...
Concurrent causation is a pivotal concept in understanding how to make proper property insurance claim coverage determinations under North Carolina law. This concept is crucial when evaluating insurance claims where multiple causes ...
The "Innocent Spouse Doctrine" in the realm of arson insurance claims holds particular significance in jurisdictions across the United States, including North Carolina. This doctrine can serve as a pivotal factor in determining the ...
We have prepared the below tips (for actions to take before and after the storm) for documenting and making inevitable hurricane related insurance claims:
Photograph the condition of your property before the storm
Oftentimes, ...
It is not uncommon, especially during hurricane season, for a property to suffer damage and be taken off the short-term market while the insurance company and property owner work together to repair or replace the property. What happens, though, when the insurance company wrongfully denies or unnecessarily delays coverage and keeps the property off the short-term market for longer than necessary?
