According to the ALE portion of my policy, I am covered up to a certain percentage of my personal belongings (property) liability which is $32,000.00 total. So far, I have received $25,000.00 from my claim which leaves a remaining balance of $7,000.00 of my total liability coverage.
Based on, my landlord’s actions (not responding to my needs or for repairs to her structure), the additional insurance coverages for my son, hotel/rental expenses (average 3-$500 dollars a day) in Guam, the rising prices of gas, food and dining out, the possible lengthy duration of finding an adequate rental that will accommodate my disabilities (100% disabled with the Veterans and Social Security administration), and the fact I will be moving will most likely exceed the $7,000.00 left of my coverage.
Is it safe to ask my insurance company to make a fair settlement offer and a lump-sum payment on what’s left of my personal property (ALE) claim (7,000.00)?
According to my policy, these are the terms of the policy on how much they will pay me;
- in the amount of the reasonable cost of temporary housing
- shortest time required to complete the repairs
- shortest period of time needed to permanently settle your household in new quarters
- or until I have reached the policy limit.
