Remove Insurance Carrier Remove Insurance Claim Remove Policyholder
article thumbnail

How the Mandatory Right to Appraisal Law Affects Your Auto Insurance

Paragon Independent Insurance Agencies

The newest law change aims to bring fairness in determining loss with Plano, TX auto insurance claims when your car needs repair. The bill mandates all auto insurance carriers to include an appraisal provision. What Is the Mandatory Right to Appraisal? Senate Bill 458 became law on June 20 and takes effect on September 1.

article thumbnail

Happy 4th of July from Merlin Law Group

Property Insurance Coverage Law

Established in 1985, Merlin Law Group is a insurance litigation law firm committed to assisting policyholders receive fair and just outcomes from their insurance companies. Don’t fight insurance companies on your own. Contact us today! All rights reserved.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New IRC report indicates that Most Homeowners Expect to Experience Severe Weather in Future and Feel Prepared. 

Triple-I: Homeowners Insurance

About 34 percent said they filed an insurance claim after experiencing damage to their homes, and 45 percent said they hired a contractor. Also, 68 percent of participants who filed claims said they used Assignment of Benefits (AOB) to authorize the repair company to bill the insurance carrier.

article thumbnail

Emerging Property Insurance Trends 2024

Property Insurance Centre

With higher rates and greater net participations, primary insurers face challenges in balancing affordability for policyholders while maintaining the necessary coverage to protect against risks. By relying on more accurate valuations, insurers can better assess the true value of the property and tailor coverage accordingly.