Hollywood Property Insurance Lawyer

Hollywood Property Insurance Attorneys

Hollywood properties deal with more than just the warm Florida climate. They face severe weather, floods, and frequent insurance claim difficulties. While you pay insurance premiums for protection, insurance companies frequently delay, underpay, and deny claims when real damage occurs. Our team of experienced Hollywood property insurance lawyers defends against major insurance companies to ensure the protection of both your investment and your peace of mind.

Why Choose Us?

The team at The Law Offices of John D. Ameen, P.A., commits to defending policyholders throughout their insurance claim disputes. Our firm advocates for business owners, homeowners, property owners, and additional insurance policyholders while maintaining maximum professionalism and diligence in handling their claims. Our extensive experience enables us to focus on client needs while navigating insurance law complexities to achieve positive outcomes.

Property Insurance in Hollywood, FL

The cost of homeownership has risen due to a 74% increase in homeowners’ insurance premiums since the Great Recession. During 2021, property damage, including theft, made up 97.8% of claims among the 5.3% of insured homes that filed a claim. As of 2024, homeowners in Hollywood paid around $13,834 in annual insurance premiums because of the increased costs tied to living along South Florida’s coast.

Property insurance covers multiple types of policies that provide either protection for property or liability coverage to property owners. The insurance policy ensures financial payment to both owners and renters for their property and possessions when they experience damage or theft.

Property insurance covers special protection types like fire insurance, flood protection, earthquake insurance, and homeowners insurance. Property insurance policies protect against risks such as fire incidents, theft offenses, and specific weather-related damages, which help property owners feel secure against unexpected events. Common needs for property insurance include:

• Property damage from natural disasters, such as hurricanes;
• Water damage, such as burst pipes;
• Theft/burglary;
• Vandalism;
• Smoke and fire damage;
• Roof/structural damage (such as a tree branch falling on your roof); and
• Injury liability (someone was injured on your property).

Common Situations Where You May Need a Property Insurance Lawyer

Property ownership in Hollywood requires the protection of both your substantial financial investment and your personal home, which serves as your primary residence. The frequency of property damage from severe weather in Florida surpasses what most people understand. Many property owners must confront their insurance companies in legal disputes to secure the rightful compensation they deserve when filing a claim.

There are several situations in Hollywood where having a property insurance lawyer becomes necessary. These situations include:

• Your claim was denied. If your insurance company denied your claim, especially without a clear or valid reason, a lawyer can help challenge their decision.
• You were underpaid. If the amount given to you does not adequately cover your damages, a lawyer can fight for a sufficient claim amount.
• Your claim was delayed. An attorney can help expedite the process if you are experiencing financial strain from claim delay.
• Policy disputes. Some policies can be wrapped up in jargon that is hard to understand. Lawyers can clarify your policy and ensure that your policy is aligned with your situation.
• Your insurance company practiced bad faith. Legal action becomes necessary when insurers fail to meet their contractual obligations or operate dishonestly.

What Does a Property Insurance Lawyer Do?

Your property insurance lawyer can advocate for you during conflicts with your insurance company to ensure you get all the benefits your policy provides.

Your attorney can conduct a thorough review of your insurance policy and assist you in preparing and documenting your claim while representing you to negotiate with your insurance provider. Your attorney has the option to represent you in court proceedings when your insurance claims are rejected or insufficiently compensated.

The complex nature of Florida’s insurance regulations requires valuable local knowledge and experience from a local attorney. The Florida Office of Insurance Regulation provides assistance to Hollywood residents while also overseeing state insurance practices. Living in Hollywood, Florida, which faces frequent hurricanes and flood risks, makes legal support essential for dealing with property damage claims.

FAQs

Q: Can You File a Claim Against Your Homeowners’ Insurance Company in Florida?

A: Yes, Florida policyholders have the right to file a claim against their homeowners insurance company for unfair claim denial, insufficient payment, or bad faith behavior. Florida authorizes policyholders to bring claims against insurance companies that do not fulfill their contractual agreements. Claimants must follow certain procedures, including issuing notice and seeking resolution, before they can initiate a claim.

Q: What Is the 80% Rule in Property Insurance?

A: The 80% rule in property insurance claims states that to qualify for complete reimbursement for partial losses, homeowners need to insure their property to a minimum of 80% of its replacement value. When property coverage drops below the required minimum percentage, the insurance provider will decrease the claim payment in direct proportion to the deficit coverage.

Homeowners benefit from full financial protection through this rule, which enforces adequate insurance coverage and promotes precise property valuation.

Q: What Kind of Lawyer Do I Need for an Insurance Claim?

A: A property insurance lawyer or insurance litigation attorney is necessary for handling insurance claims. These attorneys focus their practice on legal challenges relating to claims that were either denied or received late with insufficient payment. These attorneys comprehend insurance policy language and state insurance laws in Florida while also knowing how to negotiate with insurance companies to obtain your rightful policy compensation.

Q: What Two Things Are Not Covered Under a Property Insurance Policy?

A: The standard property insurance policies exclude coverage for both flood damage and earthquake events. Residents of Florida face substantial flood risks, which require them to obtain separate insurance through the National Flood Insurance Program (NFIP).

Separate endorsements or policies are necessary to cover earth movement events such as sinkholes. Examine your policy exclusions to discover areas where your insurance does not provide protection.

Contact The Law Offices of John D. Ameen, P.A., Today

Make sure your insurance company pays what you deserve without denial. The attorneys at The Law Offices of John D. Ameen, P.A., provide support for clients who struggle with delayed payments or denied claims from their property insurance providers. Contact us today to protect your home and business while protecting your peace of mind.