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Insurance Claim Settlement Guidance
Summary
The user experienced a fire incident and is dealing with two insurance claims: one for dwelling/personal property and another for liability coverage. They received $212,000 but believe they should have received the full policy limit of $304,000 due to a total loss. The insurance company hired a subrogation lawyer to recover funds from a third party due to improper furnace installation. The user is advised to document communications, file a complaint with the Texas Department of Insurance, and consult a lawyer for further assistance.Full Conversation
if home catches on fire, occurrence we have personal liability for *,* should we have gotten a check for two settlement claims
Hi there! To better understand your situation, could you please clarify what the two settlement claims are related to? Are they from your insurance company or another party involved in the fire incident?
insurance company
It sounds like you might have questions about how your insurance company is handling your settlement claims. Here's some general information on what you might expect:
- Homeowners Insurance: Typically covers damage to your home and personal belongings.
- Personal Liability: This covers you for legal claims if someone is injured or their property is damaged.
To better assist you, could you specify what the two settlement claims are for? For instance, are they for property damage and personal belongings?
- Homeowners Insurance: Typically covers damage to your home and personal belongings.
- Personal Liability: This covers you for legal claims if someone is injured or their property is damaged.
To better assist you, could you specify what the two settlement claims are for? For instance, are they for property damage and personal belongings?
dwelling/personal property one claim other being money to cover us for a occurrence stated in policy that we are covered property damage of home.
It sounds like you are dealing with two separate claims: one for dwelling/personal property damage and another for liability coverage. Here are a few key points:
- Dwelling/Personal Property Claim: This covers the cost to repair or replace your home and belongings.
- Liability Coverage Claim: This covers you if someone else makes a claim against you for damages or injuries.
Have you received any communication from your insurance company explaining the settlement amounts for each claim?
- Dwelling/Personal Property Claim: This covers the cost to repair or replace your home and belongings.
- Liability Coverage Claim: This covers you if someone else makes a claim against you for damages or injuries.
Have you received any communication from your insurance company explaining the settlement amounts for each claim?
no but there was * claims when last checked on website
Case Rating: *
It seems you're dealing with two separate claims from your insurance company. Generally, you should receive detailed communication from them regarding the settlement amounts. Have you tried reaching out to your insurance company for an update?
It seems you're dealing with two separate claims from your insurance company. Generally, you should receive detailed communication from them regarding the settlement amounts. Have you tried reaching out to your insurance company for an update?
they dnt answer
Case Rating: *
It sounds like you’re having trouble getting a response from your insurance company regarding your settlement claims. Here are a few options:
- Document all your attempts to contact them.
- Consider filing a complaint with the Texas Department of Insurance.
Have you tried contacting them via multiple methods (phone, email, letter)?
It sounds like you’re having trouble getting a response from your insurance company regarding your settlement claims. Here are a few options:
- Document all your attempts to contact them.
- Consider filing a complaint with the Texas Department of Insurance.
Have you tried contacting them via multiple methods (phone, email, letter)?
personal liabity cover for fire damage to home
Case Rating: *
It seems like you're experiencing difficulties with your insurance company regarding your settlement claims. Here's some general guidance:
- Document all communication attempts: Keep detailed records of all your attempts to contact your insurance company.
- File a complaint: Consider filing a complaint with the Texas Department of Insurance if you're not getting a response.
Would you like more specific information on filing a complaint or any other assistance?
It seems like you're experiencing difficulties with your insurance company regarding your settlement claims. Here's some general guidance:
- Document all communication attempts: Keep detailed records of all your attempts to contact your insurance company.
- File a complaint: Consider filing a complaint with the Texas Department of Insurance if you're not getting a response.
Would you like more specific information on filing a complaint or any other assistance?
yes does personal liability coverage cover for fire damage/water damage if stated in policy.
Case Rating: *
Personal liability coverage typically does not cover fire or water damage to your home. It generally covers claims made against you for injuries or property damage to others.
Would you like more information on the different types of coverage in a homeowners policy?
Personal liability coverage typically does not cover fire or water damage to your home. It generally covers claims made against you for injuries or property damage to others.
Would you like more information on the different types of coverage in a homeowners policy?
yes
Case Rating: *
Sure! Here are some common types of coverage in a homeowners insurance policy:
- Dwelling Coverage: Covers the structure of your home against perils like fire, wind, and water damage.
- Personal Property Coverage: Covers your belongings inside the home.
- Liability Coverage: Covers you against claims if someone is injured on your property or if you damage someone else’s property.
- Additional Living Expenses (ALE): Covers costs if you need to live elsewhere temporarily due to covered damage.
Would you like to know more about any specific coverage?
Sure! Here are some common types of coverage in a homeowners insurance policy:
- Dwelling Coverage: Covers the structure of your home against perils like fire, wind, and water damage.
- Personal Property Coverage: Covers your belongings inside the home.
- Liability Coverage: Covers you against claims if someone is injured on your property or if you damage someone else’s property.
- Additional Living Expenses (ALE): Covers costs if you need to live elsewhere temporarily due to covered damage.
Would you like to know more about any specific coverage?
our home owner application has total replacement cost & actual cash value how do we know what king of policy we have
Case Rating: *
You can determine the type of policy you have by checking the declarations page of your insurance policy. This page usually lists the types of coverage and their limits. You can also contact your insurance agent or company for clarification.
Would you like more specific information on how to read the declarations page of your policy?
You can determine the type of policy you have by checking the declarations page of your insurance policy. This page usually lists the types of coverage and their limits. You can also contact your insurance agent or company for clarification.
Would you like more specific information on how to read the declarations page of your policy?
yes
Case Rating: *
You can find the type of policy you have on the declarations page of your insurance policy. Here's how to read it:
- Coverage Limits: Lists maximum amounts for each type of coverage.
- Deductibles: Shows what you must pay out-of-pocket before insurance kicks in.
- Policy Type: Indicates if you have replacement cost or actual cash value coverage.
Would you like more detailed guidance on any specific section?
You can find the type of policy you have on the declarations page of your insurance policy. Here's how to read it:
- Coverage Limits: Lists maximum amounts for each type of coverage.
- Deductibles: Shows what you must pay out-of-pocket before insurance kicks in.
- Policy Type: Indicates if you have replacement cost or actual cash value coverage.
Would you like more detailed guidance on any specific section?
yes
Case Rating: *
Sure! Here’s how to read specific sections of your declarations page:
- Coverage Limits: This section lists the maximum amount your insurance will pay for each type of coverage.
- Deductibles: The amount you must pay out-of-pocket before insurance covers the rest.
- Policy Type: Indicates if you have replacement cost or actual cash value coverage.
Would you like more detailed guidance on any other section of your policy?
Sure! Here’s how to read specific sections of your declarations page:
- Coverage Limits: This section lists the maximum amount your insurance will pay for each type of coverage.
- Deductibles: The amount you must pay out-of-pocket before insurance covers the rest.
- Policy Type: Indicates if you have replacement cost or actual cash value coverage.
Would you like more detailed guidance on any other section of your policy?
what kind of policy types cover replacement cost texas insurance
Case Rating: *
In Texas, there are typically two types of homeowners insurance policies that cover replacement costs:
- HO-* Policy (Special Form): This is the most common type of homeowners insurance policy, which covers your home against all perils except those specifically excluded.
- HO-* Policy (Comprehensive Form): This provides broader coverage than an HO-*, including replacement cost for your personal property.
Would you like more detailed information on these policy types?
In Texas, there are typically two types of homeowners insurance policies that cover replacement costs:
- HO-* Policy (Special Form): This is the most common type of homeowners insurance policy, which covers your home against all perils except those specifically excluded.
- HO-* Policy (Comprehensive Form): This provides broader coverage than an HO-*, including replacement cost for your personal property.
Would you like more detailed information on these policy types?
ho-* policy
Case Rating: *
An HO-* policy is a basic form of homeowners insurance that typically covers specific named perils such as:
- Fire or lightning
- Windstorm or hail
- Explosion
- Riots or civil commotion
- Damage from aircraft
- Damage from vehicles
- Smoke
- Vandalism
- Theft
- Volcanic eruption
It generally does not cover replacement cost but actual cash value (depreciated value).
Would you like more information on other types of policies or their coverages?
An HO-* policy is a basic form of homeowners insurance that typically covers specific named perils such as:
- Fire or lightning
- Windstorm or hail
- Explosion
- Riots or civil commotion
- Damage from aircraft
- Damage from vehicles
- Smoke
- Vandalism
- Theft
- Volcanic eruption
It generally does not cover replacement cost but actual cash value (depreciated value).
Would you like more information on other types of policies or their coverages?
yes
Case Rating: *
Since you're looking for more information on other types of homeowners insurance policies and their coverages, here's a brief overview:
- HO-* (Broad Form): Covers more perils than HO-*, including falling objects and water damage from plumbing.
- HO-* (Special Form): Most common, covers all perils except those specifically excluded.
- HO-* (Comprehensive Form): Offers the broadest coverage, including replacement cost for personal property.
Would you like more details on any specific policy type or coverage?
Since you're looking for more information on other types of homeowners insurance policies and their coverages, here's a brief overview:
- HO-* (Broad Form): Covers more perils than HO-*, including falling objects and water damage from plumbing.
- HO-* (Special Form): Most common, covers all perils except those specifically excluded.
- HO-* (Comprehensive Form): Offers the broadest coverage, including replacement cost for personal property.
Would you like more details on any specific policy type or coverage?
If a claim is made or a suit is brought against an insured
for damages because of bodily injury or property damage caused by an occurrence to which this coverage applies, we will:
*. pay up to our limit of liability for the damages for which
the insured is legally liable. Damages include prejudgment interest awarded against the insured; and
*. provide a defense at our expense by counsel of our
choice even if the suit is groundless, false or fraudulent. We may investigate and settle any claim or suit. what does this state
Case Rating: *
This passage refers to the liability coverage in a homeowners insurance policy and states the following:
- The insurer will pay for damages the insured is legally liable for, up to the policy limit, including pre-judgment interest.
- The insurer will provide and pay for legal defense, even if the claim is groundless, false, or fraudulent.
Do you have any specific questions about this provision?
This passage refers to the liability coverage in a homeowners insurance policy and states the following:
- The insurer will pay for damages the insured is legally liable for, up to the policy limit, including pre-judgment interest.
- The insurer will provide and pay for legal defense, even if the claim is groundless, false, or fraudulent.
Do you have any specific questions about this provision?
pertaining to fire damage insured home or no?
Case Rating: *
The passage you provided pertains to liability coverage, which generally does not cover fire damage to your home. Instead, it covers legal claims and defense costs if someone else sues you for damages or injuries caused by an occurrence (like a fire) for which you are legally liable.
Would you like more information on how to handle your insurance claims or any other specific questions?
The passage you provided pertains to liability coverage, which generally does not cover fire damage to your home. Instead, it covers legal claims and defense costs if someone else sues you for damages or injuries caused by an occurrence (like a fire) for which you are legally liable.
Would you like more information on how to handle your insurance claims or any other specific questions?
Insurable Interest and Limit of Liability. Even if
more than one person has an insurable interest in the
property covered, we will not be liable in any one loss:
a. to the insured for more than the amount of the
insured’s interest at the time of loss; or
b. for more than the applicable limit of liability.
Each time there is a loss to any building insured under
Coverage A (Dwelling), the amount of insurance applicable to that building for loss by fi re will be reduced by
the amount of the loss. As repairs are made, the
amount of insurance will be reinstated up to the limit of
liability shown on the declarations page.
Art. *.*. Policy a Liquidated Demand. A fi re insurance policy, in case of a total loss by fi re of property
insured, shall be held and considered to be a liquidated demand against the company for the full amount
of such policy. The provisions of this article shall not
apply to personal property. what does this mean
Case Rating: *
This provision has two parts:
Insurable Interest and Limit of Liability:
*. Insurable Interest: The insurer will only pay the insured's interest in the property at the time of loss, not exceeding the policy's limit.
*. Limit of Liability: Coverage is reduced by the amount of the loss and reinstated as repairs are made.
Policy as Liquidated Demand:
- In case of a total loss by fire, the policy amount is considered a liquidated demand (fixed amount) against the insurer.
- This does not apply to personal property.
Do you have specific questions about how these provisions apply to your situation?
This provision has two parts:
Insurable Interest and Limit of Liability:
*. Insurable Interest: The insurer will only pay the insured's interest in the property at the time of loss, not exceeding the policy's limit.
*. Limit of Liability: Coverage is reduced by the amount of the loss and reinstated as repairs are made.
Policy as Liquidated Demand:
- In case of a total loss by fire, the policy amount is considered a liquidated demand (fixed amount) against the insurer.
- This does not apply to personal property.
Do you have specific questions about how these provisions apply to your situation?
how does that work
Case Rating: *
These provisions mean:
- Your insurer will only pay up to your interest in the property and not exceed the policy limit.
- After a loss, coverage for your dwelling is reduced by the amount of the loss but reinstated as repairs are made.
- In case of a total loss by fire, the policy amount is a fixed claim against the insurer, excluding personal property.
Would you like more specific guidance on how to proceed with your insurance claims?
These provisions mean:
- Your insurer will only pay up to your interest in the property and not exceed the policy limit.
- After a loss, coverage for your dwelling is reduced by the amount of the loss but reinstated as repairs are made.
- In case of a total loss by fire, the policy amount is a fixed claim against the insurer, excluding personal property.
Would you like more specific guidance on how to proceed with your insurance claims?
fixed claim meaning
Case Rating: *
A "fixed claim" or "liquidated demand" means that in the event of a total loss due to fire, the insurance policy is considered to be a set amount payable by the insurance company, regardless of actual repair or replacement costs. This ensures you receive the full policy amount in case of such a loss.
Would you like more detailed information on how to proceed with your insurance claims?
A "fixed claim" or "liquidated demand" means that in the event of a total loss due to fire, the insurance policy is considered to be a set amount payable by the insurance company, regardless of actual repair or replacement costs. This ensures you receive the full policy amount in case of such a loss.
Would you like more detailed information on how to proceed with your insurance claims?
if we receceived acv for * estimate policy limit is *, depreciation is *. should we have qualified liquidated demand
Case Rating: *
The concept of "liquidated demand" in Texas generally means that in the case of a total loss by fire, the insurance company must pay the full policy amount. If you received an Actual Cash Value (ACV) payment of $*,*, and the policy limit is $*,*, you still might qualify for the full policy amount under this provision.
Would you need more detailed information on how to proceed or any other specific questions?
The concept of "liquidated demand" in Texas generally means that in the case of a total loss by fire, the insurance company must pay the full policy amount. If you received an Actual Cash Value (ACV) payment of $*,*, and the policy limit is $*,*, you still might qualify for the full policy amount under this provision.
Would you need more detailed information on how to proceed or any other specific questions?
why would they not pay us out and leave us to struggle possibly affecting us
Case Rating: *
It sounds frustrating and could be due to various reasons like disputes over the claim details or internal processing delays. To ensure you get the rightful payment:
*. Document all communication.
*. File a complaint with the Texas Department of Insurance.
*. Consider consulting a lawyer for further assistance.
Would you like detailed information on how to file a complaint or any other specific guidance?
It sounds frustrating and could be due to various reasons like disputes over the claim details or internal processing delays. To ensure you get the rightful payment:
*. Document all communication.
*. File a complaint with the Texas Department of Insurance.
*. Consider consulting a lawyer for further assistance.
Would you like detailed information on how to file a complaint or any other specific guidance?
we only received * on check we should have gotten total policy limit due getting acv of *
Case Rating: *
It seems like you might have a substantial case regarding your insurance claim. Here's what you can do:
*. Document all communications with your insurance company.
*. File a complaint with the Texas Department of Insurance.
*. Consult a lawyer specializing in insurance claims.
Would you like detailed information on filing a complaint or any other specific assistance?
It seems like you might have a substantial case regarding your insurance claim. Here's what you can do:
*. Document all communications with your insurance company.
*. File a complaint with the Texas Department of Insurance.
*. Consult a lawyer specializing in insurance claims.
Would you like detailed information on filing a complaint or any other specific assistance?
yes
Case Rating: *
It seems like you have a strong case regarding your insurance claim. Would you like to be connected to local lawyers who can better assist you with your case?
It seems like you have a strong case regarding your insurance claim. Would you like to be connected to local lawyers who can better assist you with your case?
can you summarize this
Case Rating: *
The person had a fire incident and is dealing with two insurance claims: one for dwelling/personal property and the other for liability coverage. They received $*,* from their insurance company but believe they should have received the full policy limit of $*,* due to a total loss. They have difficulty getting responses from the insurance company and need assistance.
Would you like to be connected to local lawyers who can better assist you with your case?
The person had a fire incident and is dealing with two insurance claims: one for dwelling/personal property and the other for liability coverage. They received $*,* from their insurance company but believe they should have received the full policy limit of $*,* due to a total loss. They have difficulty getting responses from the insurance company and need assistance.
Would you like to be connected to local lawyers who can better assist you with your case?
also insurance company hired subrogation lawyer for the money they payed us * to recover from inproper installed furnace at home from seller. they did give us a waiver form.
Case Rating: *
It seems like you have a strong case regarding your insurance claim and the subrogation issue. Would you like to be connected to local lawyers who can better assist you with your case?
It seems like you have a strong case regarding your insurance claim and the subrogation issue. Would you like to be connected to local lawyers who can better assist you with your case?
what does this mean
Case Rating: *
It means that your insurance company is trying to recover the money they paid you ($*,*) from another party (e.g., the seller) due to improper installation of the furnace. They hired a lawyer for this purpose and provided you with a waiver form.
Would you like more specific guidance on your situation?
It means that your insurance company is trying to recover the money they paid you ($*,*) from another party (e.g., the seller) due to improper installation of the furnace. They hired a lawyer for this purpose and provided you with a waiver form.
Would you like more specific guidance on your situation?
they didnt provide a form
Case Rating: *
It seems like you're dealing with a complex insurance claim and subrogation situation. Here's some guidance:
- Document all communications with your insurance company.
- Consult a lawyer specializing in insurance claims to understand your rights and options.
- File a complaint with the Texas Department of Insurance if needed.
Would you like more detailed information on any of these steps?
It seems like you're dealing with a complex insurance claim and subrogation situation. Here's some guidance:
- Document all communications with your insurance company.
- Consult a lawyer specializing in insurance claims to understand your rights and options.
- File a complaint with the Texas Department of Insurance if needed.
Would you like more detailed information on any of these steps?
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