If you have been through a hurricane—like the most recent, Hurricane Ida—the very last thing you need is your insurance company refusing to pay what your claim is worth, or even worse, denying your claim altogether. Unfortunately, this is a common scenario, and a Wright National flood claim denial can feel like the last straw. Insurance companies (despite the warm and fuzzy television commercials they generate) are interested in one thing: their financial bottom line. To ensure a healthy balance sheet, they are masters of delay and deny tactics. Having your home damaged or destroyed by a hurricane is traumatic enough in and of itself. Then to have your insurance company do anything they can to avoid paying your claim is adding insult to injury. If you find yourself in this position, there is help.
At Gulf Coast Insurance Attorneys, this is what we do. We regularly help people in your situation get the insurance payout they need to get their home repaired or rebuilt and their lives back on track. We understand that you are stressed, anxious, and even angry about an insurance company that will not do what it promised—take care of you in your time of need. You pay your monthly premiums, expecting it will be there for you if you ever need your insurance company. When this is not the case, the experienced team at Gulf Coast Insurance Attorneys will step in and advocate for you, your family, and your future.
About Wright National Flood Insurance Company
Wright National Flood Insurance Company has been in business for over four decades and is now the largest flood insurance provider in the marketplace. Wright National has a strong relationship with the National Flood Insurance Program, created by Congress in 1968 through the National Flood Insurance Act of the same year. FEMA backs Wright National Flood Insurance. The company does not outsource its flood policies. Wright National currently has more than 17,000 independent agents across the United States and 5.6 million customers.
National Flood Insurance Program and Wright National Flood Insurance Company
Wright National Flood Insurance Company partners with the National Flood Insurance Program, which FEMA administers. The goal of the NFIP is to reduce the impact of flooding on private and public homes and buildings while providing affordable flood insurance. Wright National has extensive knowledge of flood insurance, as well as current NFIP legislation. If you are having trouble getting Wright National to pay the total value of your claim, Gulf Coast Insurance Attorneys can help.
Wright National Insurance Bad Faith Practices
The term “bad-faith” describes any type of dishonest dealing on the part of an insurer. Bad faith could be an untrustworthy performance of duty, neglect of fair dealing standards, or simply fraudulent intent depending on the circumstances. In simpler terms, if Wright National—or any flood insurance company—looks for evidence that supports their basis for denying your claim while ignoring evidence that supports your claim, then the company is likely guilty of bad faith. Insurance companies must act reasonably when denying a claim under the coverage you have on your home. Bad faith actions can include:
- Unreasonable delays in settling a claim
- Unjustified delays in providing payment to the insured
- Unreasonable attempts to “shortchange” the insured or avoid full payment
- Deliberate misrepresentations of the policy content to avoid paying a claim
When an insurance company acts in bad faith, you have a legal avenue to obtain relief from the damages you suffered due to that bad faith behavior. Gulf Coast Insurance Attorneys, knows every legal avenue available and will work hard on your behalf to ensure your company pays you what your claim is worth promptly.
Wright National Flood Claim Denial and Why Insurance Adjusters Deny Claims
Insurance adjusters have legitimate—and less legitimate—reasons for denying a flood insurance claim. The obvious reasons would be that the insured failed to file the claim within the time allowed or failed to pay their premiums. The insurance company may believe you made false statements on your original application for coverage or that your current claim has questionable information. Insurance companies may deny a claim due to insufficient documentation of the damage, so it is crucial that you thoroughly document the damage to your home. It is also crucial that you read through your insurance policy—preferably before you need it—so you will know whether there are exclusions in your policy. Finally, insurance companies like to deny claims by saying you failed to protect your property from further damage following the hurricane to mitigate the loss. For example, if the hurricane took a portion of your roof off, it will be your responsibility to get that portion covered as quickly as possible to avoid further water damage in your home.
How Contacting an Attorney from Gulf Coast Insurance Attorneys Can Help You Fight Back
If you’ve received a Wright National flood claim denial (or the company is only willing to pay a fraction of what it will take to restore or rebuild your home), Gulf Coast Insurance Attorneys is here, ready to take up the fight on your behalf. We believe you need a strong advocate in your corner during this difficult time. We also think you deserve the time to put your life back together without having to worry about your insurance company’s bad-faith actions. Contact Gulf Coast Insurance Attorneys today.