How to Get the Most Out of Your Homeowners Insurance Claim | Galen Hair, Attorney

Jason Hartman invites attorney Galen Hair to the Creating Wealth Show today to discuss how to make sure you are getting the most out of your insurance claim. How do you know if you should even hire an attorney to assist with your claim? A study from the Insurance Research Council revealed that on average, people who hire attorneys are likely to see a settlement three and a half times higher than people who don't hire attorneys.Show more

What are some of the things your homeowner’s insurance policy might cover that you don't even know about and would never think to make a claim for? What should owner occupant homeowners and rental property investors know? What other additional coverage should you consider adding on to your policy that is not included, but would be available for a small fee?

About Galen M. Hair
Galen M. Hair, an aggressive and relentless litigator, is licensed in multiple states and boasts clients from around the world. With large wins both at home and across the country and an impressive record of favorable results, Mr. Hair gained a reputation for getting the job done both inside and outside the court room early on in his career.

He focuses not only on the litigation in front of the client, but the long term personal and business effects that his clients’ issues will cause. Viability is key and no small victory is worth it if the client is put in a more detrimental position. With both large firm and boutique firm experience, he combines a large firm comprehensive approach to a small firm low-cost model to achieve impressive results with minimal financial expense. His clients are family to him and it shows.

0:00 Welcome Galen M. Hair, property casualty attorney
1:23 Hurricane Katrina laid the foundation for Galen's professional development
1:59 What is an insurance bad faith case?
3:12 Industry participants estimate that over 95% of claims are either underpaid or delayed
4:00 Galen's focus is property insurance
5:43 Insurance Research Council study on attorney effectiveness
7:09 Typical fee schedule
8:36 Many claims are weather related
9:29 Sample case study for a recent residential claim
11:16 What is a public adjuster?
13:32 Who actually reviews the insurance policy?
14:49 A public adjuster in their truest form should be bringing the claim to resolution that is favorable for you
15:42 How do you find a public adjuster?
16:33 Which states tend to have more favorable outcomes for the insured?
17:39 What are the smallest and largest claims you handle?
19:52 What if a claim seems too small to hire an attorney?
23:22 Protecting yourself during a claim and things to consider about insurance fraud
26:12 Insurance fraud can have terrible ramifications on society
27:05 What are some things that people might not know are in their homeowners insurance policies?
28:09 Additional living expense coverage can keep your family and rental properties safe
30:35 The loss of rental income and multifamily policies
32:09 What is a non admitted carrier?
33:26 Penalties and punitive damages
34:45 Statute of limitations
37:07 Find resources and learn more at https://insuranceclaimhq.com/

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