Steps to Take When Your Insurance Company Refuses to Pay Fair Compensation
Regardless of whether it’s a car accident, a medical procedure, or a homeowner’s issue, filing an insurance claim is never a seamless process. Insurance companies sometimes will you jump through a lot of hoops during the claim process, and there’s always a chance your claim will be denied. Delayed and denied claims take a toll on individuals, both in terms of finances and stress. In some cases, it may feel like there are no options when an insurance company is refusing to pay a claim. However, with these tips, you might have some hope.
Know Your Policies
One major reason claims can be denied is because the insurance policy did not cover what was actually being claimed. Other reasons include claims being filed too late or being filed incorrectly. While you’re shopping for insurance, look at the policy, what it covers, and what it excludes. Make sure you have a copy of your policy to refer to in the event it’s necessary. Also, make sure you understand your insurance company’s protocols regarding claim submission times and damage claims.
Keep Good Records
When it comes to your more expensive assets, keeping receipts and other information will make the claims process much easier. An example of this is making a video that records the contents of your home, and then storing it in a safe deposit box. Keeping records can also help when going through the claims process; if you hit any snags or your claim is denied, you’ll know who you spoke with and when.
Although most claims are handled without issues, it can be extremely frustrating and time-consuming when insurance companies don’t play fair. That’s why it’s important to not only keep good correspondence records but to be persistent. Stay on top of your provider with frequent follow-ups and make sure your records are as detailed as possible.
Involve Legal Help if Needed
Sometimes there’s only so much you can do on your own when dealing with an insurance company. In cases where you have exhausted all avenues of recourse and the company continues to be uncooperative, you might look into filing a complaint with your state’s insurance regulator, or even speak to a lawyer about taking the company to court. Be warned that legal action can delay claim payouts for months or sometimes years, so it should only be used as a last resort.
If you are having troubles filing your insurance due to an accidental injury or if you’re suffering from pain related to a previous accident, we can help you get every penny you deserve through a comprehensive personal injury lawsuit. Contact our highly dedicated accident attorneys at Giroux Pappas Trial Attorneys, PC today!