Wednesday, November 19, 2014

"You Want What!?" – Why Insurance Companies Must Provide Clear Explanation Behind Document Requests

Originally published by .


If you have ever had an insurance claim or negotiated a loss on behalf of a property owner, you would probably agree that one of the most frustrating aspects of the claims investigation process is the virtually endless set of documents requested from the insurance company. Finding and sending all the documents can take days, weeks, or sometimes even months. Even after you provide an insurance carrier a packet of anything and everything in your possession relating to the loss, there’s a good chance you will receive a response from the insurer asking for more documents or a copy of the one receipt from 2008 you just don’t have.

Many people do not realize that every insurer authorized to conduct business in the State of Florida is required by law to provide a clear explanation as to why it is requesting these documents. This is one of the nine duties imposed by Section 626.9541(i) of the Florida Statutes, which states that an insurer commits “unfair claim settlement…


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Curated by Texas Bar Today. Follow us on Twitter @texasbartoday.






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