Why is First-Party Property Insurance so important? First-Party Property Insurance deals with claims filed by insured persons who contend that they suffered a loss and seek compensation for that loss. Do I have grounds to bring suit against my insurer? If your home, car or other property has been damaged due to natural forces like […]
Any First-Party Property Insurance attorney in Texas will tell you that there are three primary coverage areas: Collision Insurance Coverage, Comprehensive Insurance Coverage, and Un/Underinsured Motorist Coverage. First-party property simply means: things that you own. In the world of car insurance, this usually means your automobile. Collision Insurance covers damage to your car due to […]
If Your Home Has Been Damaged By An Accident, Natural Disaster, Or Other Action, You Need To Call Arguello Law Firm Now To See How We Can Help You Gain Compensation! Natural disasters such as hurricanes, earthquakes, and tornadoes can potentially create huge losses for insurers providing first-party property and business interruption insurance. Some of […]
It is truly outrageous that banks and insurance companies have gotten away with this for so long. I’ve seen so many clients who are being charged 2-10 times as much in premiums for these force-placed policies which offer less coverage than regular homeowners’ policies. It’s especially troubling because those clients tend to already be in […]
From the “Amityville Horror” house to the infamous “Friends” apartment, homes in movies and TV shows are often just as infamous as the characters. Sometimes you have to wonder how these characters can afford these palatial homes, but did you ever wonder just how much they would be paying for homeowner’s insurance? Allstate crunched the numbers […]
Recently, a disastrous hail storm hit our northern neighbors in Amarillo. Reports have estimated the damages will total $400 million including thousands of homes and businesses. Witnesses in several areas reported seeing hail the size of apples and baseballs. If you escaped this storm damage-free, consider yourself lucky. However, if you are like thousands of […]
Watch this video featuring Roy Paynter, a State Farm Insurance manager. In his deposition, Paynter discusses the difference between cash value and market value and touches on the process of depreciation in order to assign a value to an insured item.
A viral video of a sinkhole in Assumption Parish, Louisiana is showing the world how sinkholes can swallow up large amounts of land in an instant. On Wednesday a video shot by a parish official shows trees being swallowed up into a sinkhole that has been growing since August of last year. Currently the sinkhole […]
Recently, a disastrous hail storm hit the midsection of Minnesota. Reports have estimated that 44,000 residents in the Twin Cities Metro Area were without power due to falling trees, hail and flooding. Highways in St. Paul, Minneapolis, Bloomington, and surrounding cities were closed due to standing water. Many automobiles and homes were damaged by the […]
Employers Mutual Casualty Company Unlawfully Delays Property Insurance Claim in DisputeOn May 16, 2010, a hailstorm struck the Oklahoma City area and damaged several commercial properties that were all owned by the same policyholder. His insurance company, Employers Mutual Casualty Company, or EMCC, inspected all the damage to the properties and estimated that it would […]