Common Terms for a Baton Rouge Hurricane Insurance Claim

Homeowners and businesspeople obtain insurance policies that provide protection after a hurricane, especially after events such as Hurricane Ida. Ideally, these policies will pay out benefits to cover the cost of property damage that results from flooding, wind damage, and other sources.

When considering the purchase of a plan or when attempting to file a claim, it’s essential to understand how these policies work. A significant part of this process is comprehending many common terms for a Baton Rouge hurricane insurance claim. This guide can help you to better understand these definitions and make more informed decisions concerning hurricane insurance policies. However, if you still have questions, our lead hurricane damage attorney and Louisiana local, Stephen Babcock, can answer any further questions you might have.

Date of Loss

A date of loss is the time when the property damage occurred. This will usually be the day when the hurricane hits. However, hurricanes can also cause structural damage that doesn’t become apparent for days, weeks, or sometimes even months after the storm. If this damage results in a loss after a hurricane, the day when the damage becomes apparent is considered the date of loss.

Deductible

Deductibles are the portion of the property damage that the policyholder is responsible. Property owners must pay this deductible after a loss before the insurance company issues their part of the payments. In general, the higher the deductible, the less expensive the policy.

Effective Date

This is the date upon which the policy goes into effect. It may also refer to the last date that the policy provides coverage for you as a property owner. In many cases, a policy goes into effect on the date of purchase. In others, a future date may apply. Regardless, ensuring that the date of loss falls within the effective date window is essential then filing a claim.

Level of Protection

Even if a hurricane policy claims to provide full protection after a storm, it’s essential to identify the exact benefits that the policy will provide. Many policies provide compensation for the loss of all property, but others provide only partial protection. As a general rule, the more expensive the policy, the greater the level of benefits.

Premiums

Premiums are the cost of maintaining your policy. Many homeowners pay insurance premiums as part of a mortgage payment. Others simply provide scheduled payments to their insurance companies. Having an up-to-date premium payment is essential for maintaining coverage. Insurance companies often allege that a lapsed payment allows them to deny benefits after a hurricane, so you want to be sure you’re making the payments.

Terms of Coverage

These are the situations that a policy will pay out benefits. Parties seeking coverage must be especially sure to fully understand what coverage their policies provide. Insurance companies tend to hide the ball when dealing with hurricanes. For example, a policy may have the title of a “Hurricane Damage Policy” but not cover many of the common sources of damage following the storms. This can include a lack of coverage for water damage or policies that only cover damage to the structure of a building but omit protection for the contents of the building.

If You Need Assistance, Don’t Wait to Call a Dedicated Hurricane Damage Attorney

Every property owner looking to protect their assets needs to understand these common terms for a Baton Rouge hurricane insurance claim. Possessing this knowledge can help you better understand your rights under a policy after a storm and pursue a more effective claim for payment. For more information, call our firm. We are available and standing by to assist you.

Please note: We can come to you if you are injured and unable to make it to our office.

Babcock Injury Lawyers is located on Siegen Lane in Baton Rouge. It is situated between Highland Road and Perkins Road. Our office is located minutes away from Louisiana State University, the Baton Rouge Bluebonnet Swamp, and the Mall of Louisiana. Our Baton Rouge office serves the greater Baton Rouge area including Denham Springs, Prairieville, Central, Baker, Livingston, Gonzales, Plaquemine, and Zachary.

Once you have passed Bluebonnet Boulevard, get in the right lane and exit onto Exit 163 toward Siegen Lane. Keep to the right on Interstate 10 East Access Road. Take a right onto Siegen Lane and make your way to the middle or left lane. Continue south on Siegen Lane. You will cross over Perkins Lane and then come to a slight “S” curve in Siegen Lane. After the “S” curve, make a legal U- turn and our office park will be the second drive on your right. You will see the Babcock Injury Lawyers sign.

Keep to the right as you approach the I-10 / I-12 split and take Exit 1A to I-10 East. Once you have passed Bluebonnet Boulevard, get in the right land and exit onto Exit 163 toward Siegen Lane. Keep to the right on Interstate 10 East Access Road. Take a right onto Siegen Lane and make your way to the middle or left lane. Continue south on Siegen Lane. You will cross over Perkins Lane and then come to a slight “S” curve in Siegen Lane. After the ”S” curve, make a legal U- turn and our office park will be the second drive on your right. You will see the Babcock Injury Lawyers sign.

Keep to the right as you approach Baton Rouge, and take Exit 163 from I-10 West. Keep to the left after you exit I-10. Take a left onto Siegen Lane and make your way to the middle or left lane. Continue south on Siegen Lane. You will cross over Perkins Lane and then come to a slight “S” curve in Siegen Lane. After the ”S” curve, make a legal U- turn and our office park will be the second drive on your right. You will see the Babcock Injury Lawyers sign.

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