Home Insurance lawsuits

Homeowner’s insurance coverage in event of a natural disaster is quickly becoming an important aspect to homeownership in the tri-state area. Most standard homeowners and commercial property policies do not cover flood losses. In order to get coverage flood damage, consumers must purchase a separate policy through the National Flood Insurance Program. Homeowners and business owners in high risk flood zone areas are required by law to purchase federal flood insurance if they have mortgages from a federally supported lender such as a bank. Without a mortgage, there is no bank requirement that the homeowner purchases flood insurance. When looking to blame an insurance agent for failure to warn homeowners about flood insurance, court cases look into the specific discussions that occur between the agent and the client. In New Jersey, courts have decided that policyholders can rely on their brokers’ knowledge in certain circumstance. In fact, they don’t even have to read their policy to be protected.
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Before buying a homeowner’s insurance policy, it is important to understand the way homeowner’s insurance works, identify the kind of policy and coverage you really need, and compare different policies to find the best values. New Jersey State law regarding homeowners insurance gives consumers the information they need to know about their policies. However, it is important to speak to an experienced attorney to get advice and guidance when your policy fails to provide coverage and fails to take into account what the policy covers.

Having problems with your home insurance plan? Get legal advice

The attorneys at Taylor & Boguski, in Mount Laurel, represent clients throughout New Jersey with personal injury and other legal problems in the counties of Cherry Hill, Mount Holly, Burlington, Pennsauken, Willingboro, Camden, Moorestown, Medford, Voorhees, Haddonfield, Marlton, Pemberton and other locations in Burlington County, Camden County, Gloucester County and Mercer County. Call 800-404-5299 or 856-234-2233 for a free consultation with a Personal Injury Attorney.