Attorneys Handling Insurance Disputes Involving Multi-Family Dwellings in Louisville and Beyond
Professional counsel for owners of large housing units in Kentucky
As a landlord, you are a business person who understands the importance of property insurance for your multi-family dwellings. There is always the possibility that your property could be destroyed by fire, flood, a wind storm or other unforeseen disasters. If you have purchased condominium, townhouse or individual apartment, you may also be surprised at what is covered by an umbrella policy for the building as a whole, and what is not.
You can rely on the insurance dispute attorneys at McWherter Scott Bobbitt to be your advocate when your insurance company has denied a valid claim, is delaying payment of your claim or otherwise causing you to think they might not pay your claim. We are here to hold the insurance companies accountable to uphold their promises, and to protect your interests.
Types of losses insurance covers in multi-family dwellings
If you own a multi-family dwelling in Kentucky, you should purchase an insurance policy that covers the structure of the building, and liability protection. If you own any of the furniture inside the building, you may be required to add personal property coverage. Additional coverages that you should look into might include:
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How do I know if my landlord insurance company is acting in bad faith?
Simply denying your claim does not necessarily mean that your insurance company is acting in bad faith. Some examples of actions that could rise to the level of a bad faith claim under Kentucky law might include:
- Misrepresenting policy provisions
- Refusing to pay a claim without conducting a reasonable investigation
- Making a lowball settlement offer
- Depreciating of labor and/or materials after using Xactimate software
- Failing to promptly settle claims
- Compelling the policy holder to file a lawsuit to recover the amount due on their policy
How do I sue my insurance company for denying my landlord insurance claim?
If your insurance company refuses to pay you for a covered loss, you might feel a bit intimidated at the thought of suing a major insurance company. Before you take the step of filing a lawsuit, there are a few things you can do. You can begin by requesting that the insurance company send a detailed letter explaining in writing all of the reasons for their denial of your claim. If you end up filing a lawsuit, this will be an important document which your attorney will want to see.
If the insurance company is playing hardball, or if you feel that a lawsuit is your only option moving forward, it is time to call McWherter Scott Bobbitt. We will thoroughly review your policy and verify that the loss you have suffered is indeed covered by your policy. Our next step might be to file a complaint with the Kentucky Department of Insurance. We may be able to settle your case without the need to go to court.
You are never required to hire a lawyer to sue your insurance company, but it is important to know that you would be going up against a team of experienced corporate attorneys who are determined to defend their company, and whose job it is to pay you as little as possible.
When a calamity occurs, the right insurance dispute lawyer is here to help
McWherter Scott Bobbitt gets results because we care about our clients, and we pay attention to every detail, work with the right experts, and have a reputation for trying cases when insurance companies refuse to make timely and accurate payments. To discuss all your legal, business, and practical needs, please call 731-664-1340 to speak with Clint Scott (licensed in Kentucky), Brandon McWherter (not licensed in Kentucky), or Jonathan Bobbitt (not licensed in Kentucky). You can also make an appointment through our contact form.