Question 1

What is first-party property insurance?

Accepted Answer

First-party property insurance is coverage you purchase to protect your own property. When you file a claim with your own insurance company (such as a homeowner's or commercial property claim), that's a first-party claim. This differs from third-party claims where you seek compensation from someone else's insurance.

Question 2

What does 'bad faith' mean in insurance terms?

Accepted Answer

Bad faith occurs when an insurance company fails to uphold its duty to fairly handle your claim. This includes unreasonably denying valid claims, delaying payment without justification, failing to properly investigate, or misrepresenting policy terms. In Florida, policyholders can sue insurers for bad faith practices.

Question 3

Do I really need an attorney for an insurance claim?

Accepted Answer

While not every claim requires an attorney, having legal representation often results in significantly higher settlements. Insurance companies have teams of adjusters and lawyers working to minimize payouts. An experienced attorney levels the playing field and ensures you receive fair compensation.

Question 4

What types of damage are typically covered under homeowner's insurance?

Accepted Answer

Most homeowner's policies cover damage from fire, lightning, windstorms, hail, explosions, theft, vandalism, and water damage from sudden events (like burst pipes). However, flood damage typically requires separate coverage, and maintenance-related issues are generally excluded.

Question 5

My roof was damaged in a storm. Will my insurance cover it?

Accepted Answer

Storm damage to roofs is generally covered under homeowner's insurance. However, insurers often dispute the cause or extent of damage, claiming it's due to wear and tear rather than the storm. Document the damage thoroughly with photos and get an independent inspection before the insurance adjuster arrives.

Question 6

How long does the insurance company have to respond to my claim?

Accepted Answer

In Florida, insurance companies must acknowledge your claim within 14 days and make a coverage decision within 90 days. If they fail to meet these deadlines without justification, it may constitute bad faith. Keep records of all communications and note any delays.

Question 7

What should I do immediately after a car accident?

Accepted Answer

Ensure safety first, then call 911 to report the accident. Document everything: take photos of all vehicles, the scene, and any injuries. Exchange information with other drivers. Get witness contact information. Seek medical attention even if you feel fine because some injuries appear later. Don't admit fault or give recorded statements to insurers before consulting an attorney.

Question 8

What is PIP insurance and how does it work in Florida?

Accepted Answer

PIP (Personal Injury Protection) is required no-fault insurance in Florida. It covers 80% of medical expenses and 60% of lost wages up to $10,000, regardless of who caused the accident. You must seek medical treatment within 14 days of the accident for PIP to apply.

Question 9

How much does it cost to hire Ruiz Legal?

Accepted Answer

We work on a contingency fee basis for insurance and personal injury cases. This means you pay nothing upfront and we only get paid if we win your case. Our fee is a percentage of the recovery we obtain for you. Initial consultations are always free.

Question 10

How long does a typical insurance dispute case take?

Accepted Answer

Timelines vary significantly. Simple disputes may resolve in 2-4 months through negotiation. Complex cases requiring litigation can take 12-24 months or longer. We'll give you a realistic timeline based on your specific situation and keep you updated throughout the process.

Question 11

Will my case go to trial?

Accepted Answer

Most cases settle before trial, typically 90 to 95 percent of insurance disputes reach a settlement. However, we prepare every case as if it's going to trial. This thorough preparation often leads to better settlement offers because insurers know we're willing to fight in court if necessary.

FAQ & Resources

Categories

Stay Informed

General & Definitions

Still Have Questions?