Texas First-Party Insurance Claim Attorneys
Understanding How First-Party Insurance Works
When a natural disaster hits, you need to know you have a plan that will sufficiently allow you and your family to recover from the damaging aftermath of a hurricane, wildfire, or another catastrophic event. The most common way to do this is with an insurance policy that will allow you to recuperate, such as first-party insurance. First-party insurance is a type of policy in which the insured individual (referred to as the first party) is protected in the way of financial payments by their insurer (referred to as the second party). In theory, first-party insurance can be used in the event of an unexpected accident, a serious injury, or a natural disaster. It can be applied to cases in which damages and injuries were caused by the first party or by someone else (referred to as the third party).
Unfortunately, obtaining first-party insurance is not always enough to fully protect you in the wake of an accident or catastrophic event. Insurance companies are notorious for practicing bad-faith behaviors like denying insured individuals the compensation they need after an accident or delaying payment to a policyholder in need.
You may have taken the appropriate steps to insure yourself in the event of a disaster, but your insurance company may be less than willing to make good on the claim you filed. When insurance claims are not upheld to the standard they should be, you are rightfully entitled to take legal action. With the help of a lawyer, you actively work to make sure that your insurance company is held to the standards it should be. When legal counsel is on your side, an insurance company will be hard-pressed to argue their reasoning for denial or late payout of your claim.