Property owners filing insurance claims often worry about the cost of hiring a hurricane damage claim lawyer. Fortunately, some Louisiana hurricane damage lawyers, including those at Laborde Earles, work on a contingency fee basis.
This means they do not charge upfront fees or hourly rates. Instead, they take a percentage of your potential compensation.
This affordable arrangement allows anyone to have strong legal advocacy fighting for their rights, regardless of their current financial situation after a devastating hurricane. There is no risk, as the lawyer only gets paid if they win your case and increase your payout from the insurance company.
What Is a Contingency Fee?
A contingency fee is a payment arrangement commonly used by personal injury and Louisiana insurance claims lawyers. Under this model, you don’t pay any upfront costs or hourly fees for legal representation.
Instead, the lawyer’s fee is dependent—or “contingent”—on their ability to recover compensation on your behalf.
How Does It Work?
If your lawyer successfully obtains a settlement or court award from the insurance company or other liable parties, they will take a percentage of the total amount as their fee.
However, if they are unable to recover any compensation for you, you owe them nothing. This is why contingency fees are often called “no win, no fee” agreements.
Why Is This Payment Model Beneficial?
The biggest advantage of a contingency fee structure is that it allows you to access high-quality legal representation regardless of your financial situation. After suffering damages, you can avoid the burden of paying steep hourly rates or retainers while your case is in progress.
This ensures that financial hardship doesn’t prevent you from pursuing the justice and compensation you deserve.
The Percentage Is Set So You Avoid Surprises
When entering into a contingency fee arrangement, the specific percentage the lawyer will receive is established upfront when you initially hire them. The lawyer is obligated to disclose and agree upon this percentage with you from the very start, so you know exactly what portion of your settlement or award will go towards legal fees.
Typical contingency fee percentages can range from 25% to 40%, depending on the complexity of the case and whether it settles out of court or goes to trial. More difficult and protracted litigation often results in a higher percentage fee to account for the increased time and resources required by the lawyer.
However, the percentage is always agreed to upfront, so there are no surprise fees at the end. You can make an informed decision about whether the fee is reasonable based on the specific details of your case.
Laborde Earles injury was great for me they took care of me very fast and professional. If for any reason I need legal help they will be who I use.
ClientChallenges With Hurricane Damage Claims
Filing property damage claims after a hurricane can be a difficult time for homeowners, as navigating insurance policies and dealing with insurance adjusters often presents unique challenges. Here are some common hurdles you may face:
1. Disputes Over Types of Damage
Insurance providers may argue that water damage to your property resulted from flooding rather than storm damage, which typically requires a separate flood insurance policy. Without flood insurance, homeowners may find themselves responsible for costly repairs.
2. Underpaid or Denied Claims
Some insurance providers engage in outright denials or bad faith practices, undervaluing property damage or personal property losses. This can leave you struggling to cover repairs or replacement costs.
3. Confusion Over Types of Coverage
Understanding the details of your homeowner’s insurance policy can be overwhelming. Legal jargon and unclear terms regarding insurance coverage for storm damage, water damage, or personal property losses often lead to denied or underpaid claims.
4. Delayed Financial Recovery
Insurance adjusters may delay the processing of property damage claims, leaving you waiting for funds to repair your home or replace essential belongings.
I thank God for Digger & David. I don’t know what we would have done if it hadn’t have been for them.
Rick Smith | ClientWhy You Need a Hurricane Damage Lawyer
A hurricane damage lawyer can provide peace of mind by:
- Clarifying your insurance policy and types of coverage for storm and flood damage
- Fighting bad faith practices by challenging low offers or outright denials from your insurance provider
- Helping secure the financial recovery you need by documenting property damage, negotiating with insurers, and ensuring your claim reflects the true replacement cost of losses
Having legal support ensures you’re not alone during this difficult time and protects your rights to fair compensation.
The reassurance from Digger and his staff gave me that renewed hope that it’s going to be okay down the road.
ClientAdditional Potential Costs When Hiring a Hurricane Damage Claim Attorney on Contingency
While the contingency fee covers the lawyer’s professional services, there may be some additional out-of-pocket costs in pursuing a hurricane damage case. This can include potential expenses like:
- Court filing fees
- Fees for expert witnesses (e.g., construction experts, meteorologists)
- Costs of obtaining records/documentation
- Travel expenses if extensive fieldwork is required
They treated us like no other people would. Whenever we needed something they were there for us. I put my trust in them and I don’t regret it.
ClientComparing Fee Structures: Contingency Fees vs. Hourly Rates
To truly appreciate the affordability and reduced financial risk of a contingency fee arrangement, it’s helpful to look at an example comparing the potential costs to hourly rates charged by many law firms.
Hourly rates for insurance claim litigation can vary significantly based on the firm’s location, size, and experience of the attorneys involved. Generally, an hourly rate of $300 per hour for an experienced insurance lawyer is not uncommon.
From this example, you can see how advantageous it is to hire a hurricane damage attorney on contingency.
You Can Afford to Hire a Hurricane Damage Claim Lawyer From Laborde Earles
Hurricane costs can skyrocket, but with a hurricane damage claim lawyer from Laborde Earles on your side, you can level the playing field against big insurance companies and their legal teams.
Our experienced attorneys will exhaustively investigate, build strong evidence of your covered damages, and negotiate to maximize your hurricane damage settlement or take your case to court if needed.
You shouldn’t have to pay outrageous upfront costs to get the hurricane insurance claims payout you are entitled to and need to rebuild. Call Laborde Earles for a free initial consultation so you can learn more about how our contingency fee model makes our legal services affordable while eliminating your financial risk.
