SJJ attorneys already established a policyholder’s ability to recover interest on an underpaid insurance claim when the policyholder is forced to resolve it through the appraisal process in 2017 before the Minnesota Supreme Court. Since then, some insurance companies have tried to alter their policies in an attempt to prevent policyholders from receiving interest on these underpaid claims.
Minnesota Appraisals
Smith Jadin Johnson, PLLC recently won a decision in the Federal District of Minnesota compelling a reluctant insurer to participate in an appraisal of a disputed insurance claim. After the insured demanded an appraisal, the insurer commenced litigation seeking to avoid coverage for the claimed loss and refused to participate in appraisal.
HOW LONG DO YOU HAVE TO FILE AN INSURANCE CLAIM IN MINNESOTA?
One of the primary timing limitations found in a property insurance policy is the time limit for suit. Most residential property insurance policies in Minnesota have a time limit of only two (2) years from the date of loss. The 2-year time limit is both statutory and...
Steps to take when an insurance claim gets rejected
When a home is damaged, a homeowner's first move is often to file a claim with his or her insurance company. In some cases, that claim may be denied even if an individual believes that the damage is covered by the policy. If a claim is denied, it is important to...
