Homeowner’s Insurance Law

Over the course of a lifetime, the average homeowner spends tens of thousands of dollars on householder’s insurance coverage. So most assume that when something goes wrong — a wind storm, a hurricane, a fire, a flood, or a break-in — your home insurance provider will provide you with funds for repairs or replacements.

But in many cases, landlord’s indemnity claims are wrongly denied, often using generic denials such as attributing the damage to “improper installation” or even classifying the damage as “normal wear and tear.” In some cases, the insurance adjusters fail to perform their job properly, while in other cases, someone at the insurance company may err or simply deny the claim in an attempt to cut down on company expenditures.

At the Law Office of Hogan & Hogan, P.A., our Florida attorneys have extensive experience in the area of insurance law. We offer representation to property owners who need help recovering the compensation they’re entitled to receive from their insurer. From wrongfully denied claims, to underpaid claims and any other issues that may arise, we won’t hesitate to pursue litigation and take your case to court if this represents the best opportunity to recover compensation via a settlement or court award. We can also pursue any other parties who may hold liability in your case.

Our talented team of Orlando lawyers are committed to helping our clients to get the compensation they deserve. We can achieve this by dealing with the insurance company on your behalf and, when necessary, filing a lease holder’s insurance lawsuit to recover the money you’re rightfully owed.

When you work with the insurance law attorneys of the Law Office of Hogan & Hogan, P.A., you’ll enjoy our unique “clients first” approach. You’ve already faced challenges with your insurance company, so we believe that our dealings should be as stress-free as possible!

If you’re ready to have a top attorney review your case, contact the Law Office of Hogan & Hogan, P.A. today to discuss your case in a confidential, no-cost consultation. Call 407-422-2188.

Common Questions and Concerns About Homeowner’s Insurance Claims, Lawsuits and Insurance Law

The Florida insurance law attorneys of the Law Office of Hogan & Hogan, P.A. receive many questions from homeowners who are dealing with a problematic home insurance provider, so our legal team has compiled info on some of the most common questions and concerns that we address. Insurance policies are essentially a type of contract, with terms that can be challenging to understand. We are committed to answering your questions and providing you with access to helpful resources as you and your family seek the compensation you deserve.

What’s the Difference Between Actual Cash Value and Replacement Cost?

In many cases, the client is confused about the difference between replacement cost and actual cash value. Replacement cost is the amount required to perform comparable repairs or make a comparable replacement without accounting for depreciation. So if you’re five-year-old roof was destroyed, and your home needs a new roof, then the replacement cost would be the price of materials and installation (since you cannot buy a five-year-old replacement roof).

Actual cash value is the cost of comparable replacement or repairs and in this figure, the insurer does account for depreciation. So using the same new roof example, the actual cash value would be the price of materials and installation, minus five years of depreciation value.

Is Mold and Fungi Included in My Florida Homeowner’s Insurance Policy?

Due to the extremely destructive nature of mold and fungi in Florida’s warm, humid environment, some policies have exclusions for mold and fungi. You could encounter a limit on how much the insurance company will pay for mold-related damages.
Homeowners also run into issues when the mold results from a non-covered peril like flooding, which is not covered by possessor’s indemnification (you must purchase flood insurance).

What’s the Difference Between Market Value vs. Replacement Value of a Home?

Homeowner's Insurance Lawyers

Your homeowner’s insurance policy may include the replacement cost coverage for your home in the event of a total loss. This is the replacement cost. The insurance policyholder may be required to have a policy that equals or surpasses the cost to re-build the home at the current cost. (The minimum is usually 80% of the cost to re-build.) If there is a difference – i.e. you only have coverage for 90% of replacement cost — then you may be responsible for covering the difference.

Some mortgage companies also have requirements in this regard.

Market value is quite different, as market value refers to the value of the home if you were to sell it. In short, there can be a significant difference between market value and the cost to build a new home.

What is Law and Ordinance Coverage?

Law and ordinance coverage refers to insurance coverage for some or all of the losses that arise as the result of a local law or ordinance. For example, if your home suffered 50% destruction in a natural disaster and the local laws require the entire remaining home to be demolished, then the policy would cover (up to the amount purchased) the demolition and re-build of this 50% of your property.

The required minimum for this type of coverage is 25%, but homeowners can opt to up the percentage.

What are Dog Breed Restrictions on a Homeowner’s Insurance Policy?

Some insurance companies will not provide coverage under your homeowner’s insurance for specific “high risk” dog breeds. If you happen to own one of these dog breeds, and an incident occurs, you will not be covered for a claim involving that dog.

Of course, many dogs are mixed breeds and the actual breed may not be apparent. So this can complicate some claims in this regard.

I Believe My Claim Was Wrongfully Denied or Under-Paid. Can Your Insurance Attorneys Help?

Our lawyers can help in a range of different situations, from cases where a consumer is involved in a dispute with the insurance company, to filing lawsuits in an attempt to recover funds that ought to have been paid out to the homeowner.

How Much Will It Cost to Hire a Homeowner’s Insurance Lawyer?

Our householder’s indemnity attorneys work on a contingency basis, meaning that we typically accept a portion of the funds recovered as payment for our services.

This is ideal for many homeowners who simply do not have the funds to pay an up-front retainer fee.

If your claim was wrongfully denied and the judge rules in your favor, you could also receive compensation for legal fees.

Trust a Top Florida Insurance Law Firm to Handle Your Case

Homeowner's InsuranceOur experienced Florida insurance lawyers are committed to helping you get the compensation you deserve. You’ve paid out hundreds or thousands of dollars on your insurance premium, so it’s only fair that you get reimbursed on the rare occasion that you file an insurance claim. The insurance company is out to protect their own interests; our lawyers will protect you and your interests.

At the Law Office of Hogan & Hogan, P.A., our legal team takes a compassionate, “clients first” approach. Serving homeowners and renters throughout Central Florida, we can help at every stage of the process, from dealing with a difficult insurance company on your behalf, to filing a homeowner’s insurance lawsuit to recover funds in cases where your claim was either denied or underpaid.

Contact the Orlando lawyers of the Law Office of Hogan & Hogan, P.A. to schedule a no-cost case consultation today. Call our Central Florida law offices at 407-422-2188.