Know Your Rights- Know Your Property Damage Rights
http://www.LockeMeredithLaw.com
(225) 272-5300
(800) 479-9223
It's time now for Legal Lines tips with your host Locke Meredith. Hello I'm Locke Meredith and I have a Legal Lines tip for you. Remember knowledge is power and I want you to know that if have a property damage claim, either from a car wreck or some other circumstances, Louisiana law gives you a lot of rights. Particularly it mandates the insurance company pay you your property damage claim within 30 days after you give them sufficient proof of loss. Typically the injuries or the property damage issues are, whether or not the vehicle can be repaired, or whether or not it's "totaled", that is the cost of repairing it is more expensive than just paying you for what the value of the vehicle is. Unfortunately, what the insurance company often wants to pay won't even pay off the debt. Another issue we have encountered is if they decide to repair the vehicle, it has now depreciated in value because it's been in a wreck. Another issue is loss of use. You're entitled to be paid for the time that you are without the use of your vehicle. So my Legal Lines Tip from me, Locke Meredith, to you is, be sure you know your property rights. This has been, Legal Lines Tips.
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