An Older Lundy Koch & Martino’s insurance litigation client has recently been featured in a Wall Street Journal article on the struggle many face with securing payouts for homeowners insurance claims: https://www.wsj.com/finance/the-home-insurance-coin-flip-nearly-half-of-claims-result-in-zero-payout-4b49acaf?st=FTLi5P&reflink=desktopwebshare_permalink
“Christopher and Heather Monroe are fighting Slide in court. The insurer declined to pay a cent after their $3.7 million “dream home” by the Bradenton, Fla., waterfront took a beating from Hurricane Milton.
A claims professional hired by the couple put the damage at more than $527,000. Slide said in court filings that the lion’s share of the losses claimed by the Monroes fall foul of policy exclusions, such as wear and tear, and the damage covered by the insurance was less than the Monroes’ $33,440 deductible.
A spokesman for Slide declined to comment.
The case is due to go to trial in December. “They have made us feel almost like criminals,” Christopher Monroe said. “All we’re asking them to do is pay the claim.”
Our insurance litigation is fighting in court to ensure these clients receive proper payment on their claim and can help anyone who has had similar issues with their homeowners insurance providers. Contact us today at: 813-254-8988 or reach out through our contact form.
