Property Damage

Whether you’re a home or business owner, natural disasters can have devastating effects. Texas residents are susceptible to a variety of threats with high temperatures that spur wildfires to tornadoes and even hurricanes in the gulf.

Property owners can do all they can to protect themselves from these disasters, but their unpredictable nature makes it impossible. Many people think that insurance policies will provide enough security when tragedy strikes. However, when damage affects a widespread area – owners can find themselves getting less than what they need.

That is where Parker McDonald comes in. Simply filing a damage claim may not be enough. Critical information needs to be gathered before and after you contact your insurance company to ensure you receive a fair settlement.

With so many factors involved in crisis situations, it’s important that you have someone truly on your side. As your legal advisors, we will defend your rights as a property owner against the companies who look to protect their own interests. We help our clients fight through the woes of:

•    Structural damage,
•    Windstorm damage,
•    Fire damage,
•    Hurricane damage,
•    Tornado damage.

Our team provides the best resources and individualized attention to support our client’s cases against insurance companies who don’t fulfill their contractual duties.

Bad Faith Insurance Practices

An insurance policy is a contract and when you purchased it, you expected the insurance company to honor the commitments made in the policy. Your insurance company is prohibited from acting in “bad faith.” Insurance companies can be held liable for substantial damages when they fail or refuse to:

•    Honor the terms of a policy it has underwritten,
•    Inform about arbitrary changes in coverage terms,
•    Notify policyholders of cancellations or changes in their coverage,
•    Settle a claim or take an unreasonably long time to settle a claim.

Parker McDonald vigorously pursues insurance companies that engage in bad faith.

Once an insurance company issues you a policy, they are bound by the terms contained within it. Insurance policies spell out what is and is not covered, what conditions apply, and what coverage is excluded from the policy. These general rules apply to most insurance policies including:

•    Homeowner’s insurance
•    Fire insurance
•    Automobile insurance
•    Disability insurance
•    Life insurance
•    General liability insurance
•    Errors and omissions insurance

Insurance companies act in bad faith when they engage in any of the following:

•    Deny applicable coverage
•    Deny paying or unreasonably delay paying a claim
•    Change coverage without notification
•    Terminate a policy without notification
•    Refuse to honor a life insurance policy
•    Refuse to hire a lawyer and provide a defense to a lawsuit if you have been sued

If your insurance company has breached its promises to you and acted in bad faith, contact Parker McDonald for a free consultation. Cases are handled on a contingency fee so that you pay attorney’s fees only if a recovery is obtained. To schedule a free appointment, our Toll Free number is 800-990-4884 or fill out the contact form on this page.