Have you filed an insurance claim on your home or business property, but your insurance company is refusing to pay? A legal professional will be able to help you claim back the money you are owed through insurance arbitration.
By getting clear advice from a specialist solicitor, you can ensure your insurance claim draws to a successful close. This allows you to make the necessary repairs to your property, even recouping any additional costs incurred due to the damage.
The team at Gibson & Associates is highly experienced in dealing with insurance arbitration cases, and can help you with yours. Whether it’s a home or business claim, our solicitors can help. Contact us now and arrange a discussion on 1890 989 289. Alternatively, you can email us at email@example.com, or complete our Online Enquiry Form. We will be in touch within 3 hours.
Having Your Home/Business Property Insurance Claim Denied
When insurance companies refuse to pay out for claims made against property insurance, it causes a huge amount of emotional stress, as well as deep financial concern. Depending on the severity of the damage, it can leave homeowners without a roof over their head, and business owners with nowhere to operate from.
However, arbitration settlements offer hope for those who have been denied a pay out.
Although there are many reasons why you may need to claim on your property insurance, below are the two most common:
If your property has been damaged or destroyed by fire, then you need money to pay for the repairs. If you have been unable to successfully claim on your property insurance to cover works, you may be left without a roof over your head or a place of work, or the finances to repair the damage.
Flooding and Water Damage
Natural disasters, such as floods, and accidents leading to water damage can cause catastrophic damage to a property. In these situations a refused insurance claim can be devastating for homeowners and business owners alike. This is because you need to pay for the property repairs, temporary accommodation and other additional costs.
Why Insurance Arbitration is a Good Route
Arbitration is the alternative to a lawsuit when it comes to disputing a decision made by an insurance company. It is often more cost effective and faster when compared with a court proceeding. This means you’re likely to receive a decision on your case quickly.
The process involves an arbitrator hearing evidence from the parties involved in an insurance dispute. They will then make a decision on who should receive compensation.
Having a solicitor speaking on your behalf will increase your chances of a decision falling in your favour. As legal professionals, solicitors take into consideration all the technicalities and information about your case, and will work to create a strong argument on your behalf.
Insurance Arbitration with Gibson & Associates
Gibson & Associates have a highly experienced and dedicated team in this increasingly specialised and complex area.
We act for a large number of clients, providing insurance claim solutions. We work closely with those who have suffered insured losses to their homes and business premises where insurance companies refuse to pay the appropriate re-instatement costs or regulate the position satisfactorily.
We also provide legal services in this area to many building companies, contractors and sub-contractors, particularly given that most of the contracts that bind these parties are subject to dispute resolution processes including conciliation and arbitration.
If you would like insurance claims advice from a legal expert, get in touch with us today.