Tag: storm damage insurance

Safeco, Liberty Mutual, and the Lawsuit Challenging Insurer Accountability

Angela Linders
Safeco and Liberty Mutual Hail Damage Lawsuit

Safeco and Liberty Mutual Hail Damage Lawsuit Highlights Industry Challenges Hailstorms might last minutes, but their implications can drag on for years, especially when insurance claims come under scrutiny. A high-profile lawsuit in Oklahoma has brought Safeco and Liberty Mutual into the spotlight, raising questions about both policyholders’ rights and insurers’ responsibilities. While allegations of bad faith claims and branding confusion have fueled the debate, it’s worth examining the perspectives of all parties involved to uncover the complexities of this case. The Lawsuit Breakdown Ralph and Myrna Lightfoot of Oklahoma…

Read More

Delaware Governor Carney signs storm damage fund executive order

Nordstrom
Storm damage fund - Damaged house and car

Gov John Carney’s signature created the Delaware Resilience Fund Program. Governor John Carney signed an executive order at the end of last week, which effectively created a storm damage fund to help residents to recover from the recent destructive weather. The new program is meat to help residents to overcome the costs associated with recovery. The governor’s storm damage fund is meant to help people in Delaware who are struggling to cover the cost of recovery after having faced damage from the severe storms that happened earlier in August. The…

Read More

Do policyholders know how to make storm damage claims?

Snow Storm Causing Insurance Disaster

Recent weather in the Midwest and Mid-Atlantic remind home and car owners to be prepared for claims. Though it’s all well and good to have the right insurance to protect your home and vehicle against severe weather, many people don’t actually know what to do to make storm damage claims that will allow the fastest and most accurate processing, for the quickest payments. The massive storms in the United States last week, that have led to power outages in several states, will also lead to a wave of calls once…

Read More

Many homeowners insurance policyholders don’t understand their storm protection

Dan
Homeowners Insurance

In the event of severe weather, most don’t know specifically how they are covered. Though the importance of homeowners insurance is undisputed among most people who have purchased a house, the sad truth is that the majority of policyholders don’t actually know what kind of coverage they have in the event that a storm should come along and cause damage to their properties. A MetLife survey’s results have shown that 31 percent don’t know exactly how much coverage they have. Equally, another 46 percent of the respondents couldn’t say which…

Read More