Louisiana is one state that has implemented a law, which allows homeowners who disagree with their insurance providers’ claim estimate to enlist the help of a third-party expert who can help settle the dispute.
Natchitoches, LA (PRWEB) September 29, 2011
Purchasing a home is one of the biggest investments – if not the biggest investment – people ever make. For this reason, obtaining the home insurance Louisiana residents need is often one of the first thing new homeowners do in order to protect themselves financially. But what if a natural disaster occurred and a homeowner wasn’t certain that he or she could afford to repair all of the damage to his or her home, even with a home insurance payout? There are several things that Louisiana residents can do to avoid this type of situation:
- No one understands the unique insurance needs of Louisiana residents than individuals who live there themselves. So, when purchasing insurance, why not buy from someone nearby who has local experience? Many homeowners are surprised to learn that a basic Louisiana homeowners insurance policy doesn’t cover flood damage, and while a national insurance provider may not think to mention that to a new client, a locally based, independent insurance agent will know how crucial it is that Louisiana homeowners obtain flood coverage. This way, LA residents won’t be left paying out of pocket for flood damage.
- Although it’s likely that new homeowners will want to do everything they can to keep their house looking its best, some may not think that they have time to do so. Leaving a home in poor repair can be detrimental when it comes to filing a home insurance claim since insurers may say that neglected maintenance was a reason why the home incurred so much damage after a natural disaster. Therefore, it best to handle repairs ASAP!
- Louisiana is one state that has implemented a law, which allows homeowners who disagree with their insurance providers’ claim estimate to enlist the help of a third-party expert who can help settle the dispute. In most cases, however, homeowners can simply talk to their insurers or get a second repair cost estimate to ensure that the amount that they receive for a claim is enough to fund necessary repairs.
Even with homeowners insurance, Louisiana residents may be concerned that they will have to pay for damages related to a natural disaster. However, these individuals can take simple steps to ensure that they receive a satisfactory claim payout in the unfortunate event that their home incurs damage.
About Cunningham Financial Group:
Proudly located in Natchitoches & Mansfield LA, Cunningham Financial Group is the area’s leading local insurance agency; dedicated to serving the insurance needs of Louisiana individuals, families and businesses for over 75 years. As a well established agency, Cunningham Financial Group represents various nationwide insurance carriers, allowing its dedicated agents to effectively compare rates and coverage to ensure clients receive the quality protection they deserve. The agency’s broad network of providers ensures that they can secure superior Louisiana insurance, and the most affordable online insurance quotes, for all coverage needs.
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