Most homeowners and renters insurance policies do not cover flood damage. Instead, flood coverage is typically provided through a separate insurance policy from the National Flood Insurance Program (NFIP) or from several private insurers. The NFIP only provides coverage up to specific limits for the structure of the home and contents. Excess flood insurance may also be available from some private insurers if additional protection is required above the NFIP limits. If you live in a designated flood zone, you are generally required to purchase flood insurance. But as we’ve seen from recent floods in Louisiana and other areas, flood damage can also occur further inland and away from major rivers.
At Smith Kendall, PLLC, our Texas flood damage insurance lawyers have assisted or represented policyholders with flood insurance claims for approximately 15 years. We will diligently pursue your rights owed under the insurance policy if your claim was delayed, underpaid or denied.
Because flooding disasters can cause widespread devastation, they can be costly for insurers. As such, these claims can be difficult to receive the full value of a policy’s coverage on. Insurance companies are, first and foremost, businesses, so they are more beholden to making money than making sure you recover from flood damage to your home or business. This means that flood damage claims are often delayed, denied, or underpaid.
In cases of flooding, insurers can be inundated with multiple claims at the same time, and protecting their bottom line can sometimes mean making it difficult for policyholders to receive the full coverage they are owed. If your flood insurance provider has refused to honor your coverage or is underpaying on your claim, the Texas flood damage insurance attorneys of Smith Kendall, PLLC may be able to help.
If your flood insurance claim has been denied or underpaid, please contact the flood damage insurance claim lawyers of Smith Kendall, PLLC, at (214) 361-6124 to discuss your case.