Insurance companies mount their own, often aggressive investigation into claims. They are looking for whether the claim is valid. They are trying to determine if they should pay, and if yes, how much to pay. Essentially, they are looking for ways out of paying claims or looking for ways to pay as little as possible. Part of this investigation may be requesting that you, the insured, attend an Examination Under Oath.
Understanding an Examination Under Oath (EUO)
An Examination Under Oath (EUO) is a sworn verbal testimony given to the insurance company after an insurance claim has been filed. A EUO is not required in every case. However, you must attend a EUO if it is requested. Attendance at a requested EUO is usually stated as a requirement in your contract with your insurance carrier. If the EUO is scheduled at an inconvenient time, you may request that it be rescheduled. Also, if you intend to bring an attorney with you to the EUO, you should inform the insurer.
The insurance defense attorney will ask you a series of questions relating to your damaged property. While you may not know exactly what the attorney will ask you, being as prepared as possible for the EUO is essential. The insurance company will try to catch you off guard and look for statements that may work to invalidate or undermine your claim. Prepare yourself as best as possible for some of the questions they may ask you and have concise and honest answers prepared. Not telling the truth is a fast way to destroy your property claim.
Florida Property Damage Claim Attorney
It is always a good idea to bring your attorney with you to a EUO. The insurance company can use a EUO as a way to intimidate you and they will look to take advantage of this intimidation. Your attorney will be there to provide you with the comforting fact that someone is there to represent you and your best interests.
The property damage claims process can be overwhelming. While you are simply seeking compensation for damage sustained to your property, the insurance company is looking for ways to get out of paying you what you are owed. The Law Office of William J. Roe represents and fights for the best interests of our clients. Contact us today.