Homeowners are in the process of receiving their initial payment from their Hurricane Ida insurance claim. The homeowners are dealing with the reality that the payment by the insurance company is not enough to repair the full extent of hurricane damages to their residence. Our law office has conducted numerous reassessments to the initial lowball payment by Hurricane Ida insurance companies. The following is a sample of the disparities between the insurance companies’ initial payment and the amount of our firm’s readjustment:
-$113,274.32 reassessment of insurance claim for residence in Mandeville, La when insurance company paid $0.00 as an initial payment;
-$113,532.36 reassessment of insurance claim for residence in Boutte, La when insurance company paid $23,999.85 as an initial payment.
-$148,862.24 reassessment of insurance claim for residence in Kenner, La when insurance company paid $17,021.49 as an initial payment.
-$90,071.28 reassessment of insurance claim for residence in Metairie, La when insurance company paid $9,356.93 as an initial payment.
-$91,677.32 reassessment of insurance claim for residence in Kenner, La when insurance company paid $30,326.43 as an initial payment.
-$177,359.55 reassessment of insurance claim for residence in Kenner, La when insurance company paid $36,494.92 as an initial payment.
The continuing reassessments of the insurance company’s initial payment arising from the lowball initial estimate and corresponding payments will be prosecuted in the mediation process or in litigation.
We have already settled several Hurricane Ida insurance cases including a residence in Holden, Louisiana whereby the insurance company initially paid $1344.34 and we obtained total payment of $30,605.25 as well as payment for a residence in New Orleans of $27.693.23 after the the insurance claim was denied.