|
|
What happens when there is a claim? Payment of claims is the reason that insurance exists, yet policyholders often perceive that insurance companies resist paying legitimate claims make the claims process unduly difficult. Both insurance companies and ...
What can I do when an insurance company refuses to pay a claim? In some instances an insurance company will refuse to pay a claim submitted by its policyholder. This is often referred to as "denying" the claim. The claim may be denied, ...
Lawsuit for ‘bad faith’ All insurance policies contain an implied obligation applicable to the insurance company of "good faith and fair dealing" towards its insured. When a claim is presented, this implied obligation means ...
Are there any options for resolving a dispute with my insurance company other than suing the company in court?Arbitration Some insurance policies contain a provision allowing or requiring arbitration of certain disputes between the insurance company and the insured, and this may include disputes regarding certain types of claims. ...
Complaint to department of insurance The insurance regulatory agencies of most states (usually called the "Department of Insurance" or similar name) have established procedures whereby consumers who believe they have been subjected to unfair claims ...
Rewriting The Insurance Policy Technique: What Does It Mean? Insurer practices should be simple. You pay money for protection against a risk that should be clearly explained in the policy. However, insurers often have strange practices that ...
Sheltering Claims: What Does It Mean? The term sheltering claims refers to the practice of insurance companies hiding or withholding claim information from policyholders or attorneys. Before the world became electronic, most claim information was ...
Insurance Claims and Damages: What Consumers Can Expect If you’re successful in pursuing a claim against an insurer, what type of damages can you expect? The type of damages available will depend upon the claim you bring ...
Don’t Rely On Your Insurer To Keep Accurate Records Insurers are always on your side, right? Wrong. You can have the best agent, the best investigator and the best claims adjuster, but that doesn’t mean you should ...
|
|
|
|
|
|
|