Law

Property Insurance Claim Release: To Sign or Not to Sign?

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It can be overwhelming to deal with an insurance claim for damage caused by your business or home. You might also be required to sign a release for property insurance claims.

What Is It and How Do You Sign It?

Property insurance claim releases have the same implications as contracts. You should consult an experienced insurance attorney if you are unsure of your rights.

Property Insurance Claim Release

This form is most commonly used in accidents involving cars. It can be used to file homeowners’ insurance claims.

This form may be sent to you before or after you receive your settlement check. It’s also important to understand how current property insurance laws can impact you.

You are likely to sign a property claim release and give up any rights. Before you sign a release, it is important to fully understand your rights.

To Sign Or Not to Sign?

A property insurance claim release does not have to be signed every time. You may not get a fair settlement if an insurance company gives you the legal runaround and asks you to sign a release in return for an uncontested payment.

These steps should be taken before you sign a release or agree to a settlement.

  • Get in touch with a trusted Florida attorney
  • Reexamine your insurance policy
  • Many people don’t know what their insurance covers or how to value the damage.
  • Learn all about the damage and its value.
  • Learn everything your policy covers
  • Keep a record of all correspondence regarding your insurance
  • All repairs and damage should be documented
  • Photograph accidents

In the end, it depends on how much you settle, and whether signing a release to cover a property insurance claim is the right or wrong decision.

If you’re still not sure if you are getting a fair settlement, contact Jenkins Law Firm today. If you don’t recover, there are no fees or costs.

This post was written by Kelly-Ann Jenkins of Jenkins Law P.L. Kelly-Ann is a personal injury attorney St Petersburg FL. She focuses on personal injury, car accidents, and bicyclist injuries. The information on this site is not intended to and does not offer legal advice, legal recommendations, or legal representation on any matter. Hiring an attorney is an important decision, which should not be based on advertising. You need to consult an attorney for legal advice regarding your situation.

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Eric Lilly
the authorEric Lilly