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June 09, 2016

HOMEOWNER'S CARRIER REQUIRED IN GOOD FAITH TO INVESTIGATE "DIMINISHED VALUE."

Where a homeowner's insurance company has a duty to investigate, this includes a duty in Georgia and most other States to assess the value that homeowners lose because of physical damage to their homes, even if their homes are repaired.  Thompson v. State Farm Fire & Cas. Co., No. 5:14-CV-32 (MTT), 2016 WL 951537 (M.D. Ga. March 9, 2016).

Please Read The Disclaimer.  ©2016 by Dennis J. Wall, author of Litigation and Prevention of Insurer Bad Faith (3d ed. Thomson Reuters West in 2 Volumes, with Supplements).  You are invited to visit the author's website here.  All rights reserved.

Posted by on June 09, 2016 at 06:35 AM in Bad Faith, Bad Faith: Do you want Coverage with that?, Homeowners Insurance |

Tags: bad faith, diminished value, good faith, homeowners, investigate

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