Having your insurance claim rejected can make your heart sink to your stomach. When you’re counting on the funds to get your life back together, this is truly a worst-case scenario for many. However, not all hope is lost. Find out the most common reasons why insurance claims get rejected so you can avoid the dreaded denial and learn how to appeal a rejected claim so you can get what you deserve!
Call Altieri Insurance Consultants Tampa today for a reliable team of public adjusters you can trust to handle your denied claim and get your life back.
The Partner Property Owners Rely On.
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Learn more about how you can hire a public adjuster after a claim has already been denied for expert help in receiving your due compensation! |
Certain Policy Details Are Overlooked
Florida property insurance can look plenty different from insurance policies in other states. You can thank the frequency of bad weather conditions for that one. As a Tampa homeowner, you’ll want to take a closer look at your policy and double-check all of the details to make sure you’re meeting every requirement. Many rejected insurance claims in Florida are often due to a simple oversight or language in the policy that could have been avoided beforehand.
The Damage Doesn’t Meet Coverage Requirements
Speaking of minor discrepancies, an insurance claim can be rejected from the lack of coverage that would qualify you for full compensation. This is what we call underinsurance, and it’s when your policy’s coverage amount is less than the actual value of your property. Some property insurance companies in Tampa may require you to have a coverage amount that is at least 80% of your property’s replacement cost to receive full coverage. Additionally, flooding IS NOT covered by a regular property policy, and you would need to buy that separately if you’re outside a designated flood zone.
Insufficient Documentation When Filing
One of the more humbling ways that your insurance claim can be rejected is by a simple mistake in your report. This can be a missing document or some other claim submission error that prevents the insurer from receiving sufficient information to approve your claim. Be sure to double-check everything before you turn in a claim or leave it to your trusted public adjusters in Tampa!
Dishonest Information In the Claim Submission
When a claim holds information that is intentionally incorrect upon submission, it can be determined fraudulent before being outright rejected. This happens occasionally in Tampa with the insured typically facing the consequences. Fraudulent behavior when turning in a claim can include exaggerated damage amounts or other falsified information.
Failure to Meet Filing Deadlines
Just because you have all of the proof you need doesn’t mean you can procrastinate filing a claim. Most (if not all) property insurance companies in Tampa have specified deadlines for you to submit your claim. If you miss this date, your claim could be rejected.
A Cancelled, Suspended, or Inactive Policy
This may go without saying, but an insurance company will not pay out to someone with a policy that is either no longer existent or is not currently active. To ensure coverage in Tampa, you will want to keep your policy active by following all of the rules and paying all of your premiums.
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Did You Know? You Can Appeal a Denied Claim! Regardless of the reason for your rejection letter, many property owners in Tampa have seen success in insurance claim appeals by hiring a public adjuster to help them out. |
Be On Top of Your Insurance Claim When You Leave it to Altieri Insurance Consultants!
Was your insurance claim denied, or do you want to prevent rejections from your insurer in the future? Altieri Insurance Consultants Tampa is the team you can rely on for all things property insurance! We can assist you with appealing a denied claim and help you prepare for next time with effective pre-loss planning services.
