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SteelCity Investments alleges insurer failed to thoroughly investigate damage to rental property

NORTHERN CALIFORNIA RECORD

Sunday, December 22, 2024

SteelCity Investments alleges insurer failed to thoroughly investigate damage to rental property

Lawsuits
Insurance 09

FRESNO – The owner of a rental home damaged by a vehicle alleges its insurer deprived it of the payment of the policy benefits.

SteelCity Investments LLC filed a complaint on Sept. 11 in the Fresno County Superior Court against the defendants alleging bad faith.

According to the complaint, the plaintiff alleges that on April 11, 2017, while the insurance policy issued by defendant was in full force and effect, plaintiff's Madera property and personal properties were damaged when a vehicle crashed into the home. The suit states the defendant issued a check for $22,587.90.

The plaintiff alleges it submitted a claim to the defendant for $236,862.35, which covers the costs for temporary repairs, asbestos and lead testing, repair estimate and lost rent.

The plaintiff holds Mercury Casualty Co. and Does 1 through 10 responsible because the defendants allegedly failed to conduct a thorough, fair and objective investigation of the damage.

The plaintiff seeks all damages, interest, attorneys’ fees and costs and such other just and proper relief. It is represented by J. Edward Kerley, Dylan L. Schaffer and Nicholas J. Peterson of Kerley Schaffer LLP in Oakland.

Fresno County Superior Court case number 18CECG03398

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