Hurricane Katrina Victims Take Advantage of Re-Opening Settled Claims

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Hurricane Katrina victims throughout the Gulf Coast are using their right to re-open previously settled claims with their insurance company to collect on un-paid or under-paid settlements. Many are using the services of public adjusters to assist with their efforts of re-opening their claims.

Hurricane Katrina victims throughout the Gulf Coast are using their right to re-open previously settled claims with their insurance company to collect on un-paid or under-paid settlements. Many are using the services of public adjusters to assist with their efforts of re-opening their claims.

Both residential and business owners are taking advantage of re-opening Hurricane Katrina claims after realizing their claims had not been properly adjusted, or important areas of the coverages and/or damages had been overlooked, resulting in gross-underpayment of their claim.

“There is certain policy language and time limitations that enable claimants to re-open their insurance claims in the event undiscovered damages or policy entitlements went uncovered,” said Ronald Delo, of Insurance Claim Consultants Inc., dba The Public Adjusters, a Florida-based public adjusting firm with offices throughout the United States serving both residential and commercial properties.

Delo points out that having a seasoned staff of experts working on the claimant’s behalf can be beneficial when deciding to re-open an insurance claim.

“It is integral that people hire a reputable public adjusting firm when deciding to re-open a claim. The firm should specialize in policy language interruption, forensic damage loss evaluation and estimating, all of which are so important in recovering unclaimed settlements,” he said.

Furthermore, Delo points out that many insurance companies are not even retaining the services of a experts or engineers to evaluate wind/flood causation issues.

There are certain time constraints with the reopening of previously closed and underpaid claims, ranging 1 to 5 years depending on the state in which the claim was filed.

About Insurance Claim Consultants Inc., dba The Public Adjusters:

Insurance Claim Consultants Inc., has represented the interests of over 5,000 individuals and business for well over twenty years. The company has a proven track record with claim settlements in excess of $20 million, and increased settlements, some of which approach the $2 million mark.

http://www.insuranceclaimconsultants.com

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