The Trump Organization is no stranger to lawsuits, particularly those that concern real estate and property development. Palm Beach, where many of the Trump family members live and work, has seen numerous cases involving the exchange, sale, purchase, and litigation of Trump-owned properties over the years.
One of the most recent lawsuits comes from Allen Weisselberg, the Trump Organizaton’s Chief Financial Officer (CFO).
The Plaintiff’s Claim
Allen Weisselberg and his wife Hilary, filed a lawsuit in Februrary 2021 against their homeowners insurance company, American Strategic Insurance Corp. for damage they allege was done to their Boynton Beach home in 2017 as a result of Hurricane Irma. The couple claims that their home suffered over $30,000 worth of “direct physical damage” from the intensity of the storm.
The Weisselbergs initially filed a claim through their insurance company which was later denied. The lawsuit, which seeks an unspecified amount of damages, alleges that the insurance carrier breached their contract with the Weisselbergs when their hurricane damage claim was denied. The specific details of what the damage included were not available at the time of writing.
What to Know About Property Damage Insurance Claims
It’s not uncommon for homeowners insurance companies to deny legitimate claims in an effort to avoid paying a claim. Many people make the mistake of believing their insurer is on their side, but quite the opposite is true.
This often leads to messy lawsuits where a property owner made a claim that should have been paid out, but the insurance company acted in bad faith by denying the claim, delaying the processing of the claim unnecessarily, or otherwise preventing the rightful and timely compensation of a homeowner.
Do You Need the Help of a Seasoned Florida Real Estate Litigation Attorney?
If your homeowners insurance has denied a legitimate claim and you have been unable to reach a successful resolution through settlement negotiations, litigation may be necessary. You should work with an experienced Palm Beach County real estate litigation lawyer who understands the value of property and can aggressively pursue the best possible outcome in your case.
Many attorneys who are inexperienced in the courtroom will push clients to accept less-than-fair settlements because they feel inequipped to advocate for their client in trial. The lawyer you choose to represent you in an insurance dispute should be ready to litigate when necessary.
Contact Feinstein Real Estate Litigation & Business Law for your initial consultation today at 954-767-9662 (Fort Lauderdale), 561-981-6212 (Boca Raton), or 305-728-5267 (Miami).