Homeowners Have Little Insurance Recourse

Rising insurance premiums (“Seeking help for rising flood insurance bills,” Aug. 11) are only part of the story when it comes to insurance.
What many homeowners don’t know until it’s too late is that if an insurance company refuses to pay and tries to deny their claim, they have very little recourse. Unlike in most other states, insurance companies in New York know that, even if a homeowner takes them to court and wins, they won’t have to pay more than the damages they should have paid to begin with, all the while having the use of money that rightfully belongs to their policyholders.