So, for example, if your home is worth $400,000 and you have earthquake insurance with a 10% deductible, you could borrow $40,000 to cover the deductible and get $360,000 free and clear from your insurance company. Without insurance you would have to qualify for a $200,000 SBA loan, and somehow come up with the money to cover the other half of your loss – while still paying your original mortgage.
If you do purchase earthquake insurance in California, and your insurance company denies your claim, do what you can to defend your rights. As a litigation firm with a national reputation for aggressively litigating and consistently winning complex multi-million dollar cases, Callahan & Blain has developed an expertise in going after the insurance companies – and making them pay. After the Northridge earthquakes, our attorneys were able to obtain $800,000 in coverage for a client who had been denied coverage for her claims.
If your insurance claim has been denied, contact the lawyers of Callahan& Blaine for expert legal assistance.
A man was tragically killed in a motorcycle accident on Hamilton Avenue at Magnolia Street…
One person was tragically killed and three others injured when a motor vehicle struck a…
A devastating crash occurred on the Interstate 5 Freeway in Orange County, leaving one person…
A bicyclist with a small dog in his basket was struck and killed by a…
A fatal multi-vehicle crash in Irvine happened early Monday on the northbound Interstate 5 Freeway,…
In an incident near Tustin in Orange County, a pedestrian lost their life on Monday…
This website uses cookies.