Texas Insurance Companies Going Under: What to do?

As highlighted in recent articles regarding insurance companies going out of business and leaving policy owners “out in the cold”, it is important to know what to do in the event your policy provider goes out of business.

While making whatever repairs necessary to keep your home in shape, and documenting closely the expenses, it is important to immediately contact the Texas Department of Insurance and find out what is going on with your insurance company. Should your insurance company fail, the Texas Property and Casualty Insurance Guaranty Association is in place to help those policy holders. The Texas Property and Casualty Insurance Guaranty Association can be reached at (512) 345-9335.

It is important in such instances to also receive legal assistance or advice in the event your insurance company will have to be sued to get the claim you deserve.

Call the Berniard Law Firm Toll-Free at 504-521-6000 and speak with an attorney that will be more than willing and capable to help you receive the payment you deserve.

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