Insurance Disputes & Litigations
When you, the policyholder, pay insurance premiums, you expect the insurance company to hold up its end of the bargain when you have a loss. You did what you were supposed to do by paying the premiums, and now you need the insurance company to hold up its end and protect you from the loss with the insurance coverage. After all, this is why you purchased the insurance.
Unfortunately, far too often, the insurance company will look out for its own self-interest and not protect you from the loss. The reason for this is simple – the insurance companies make money by denying claims and hoping the insured won’t fight back.
This is not to say that all insurance companies do not pay. However, there are some companies that habitually deny claims and will only properly investigate a claim if the policyholder takes legal action and further proceedings.
At BWO, we are experienced in handling insurance litigation and helping clients recover the insurance benefits they are owed. Our law firm has the resources necessary to retain experts to fairly assess your claim and to fight the insurance companies. These insurance companies often have substantial resources to protect their interests in denying your claim. This is why choosing the proper insurance dispute attorney is of paramount importance.
If you are in dispute with your own insurance company, or you believe that your claim was undervalued, contact BWO today for a free consultation at (314) 862-6865.
Was the Insurance Claim Denied? What to do now?
It’s not uncommon for insurance companies to interpret and draft language in their policies in an effort to delegitimize or deny valid claims. Insurance companies lose money each time they payout on a valid claim. As a result, they have a significant self-interest in protecting their cash reserves by denying or looking for a basis upon which to deny claims.
Faced with the prospect of paying a stream of benefits over the years, insurers may look for a basis upon which to deny claims. When an insurance company denies or undervalues a claim, they may allege a variety of reasons, including:
- Your claimed loss is not included in your policy
- Your damages sustained are less than your deductible- which means you pay out of pocket.
In short, insurance companies will fight you every step of the way and will attempt to prolong your dispute- often with financially crippling results for you, the policyholder. If you have an insurance policy that covers wrongful death or personal injury, and you are being denied for that, consult with an attorney.
Working with an attorney who has knowledge of the insurance industry and experience in insurance litigation practice, coverage disputes to resolve coverage issues, acquiring a reasonable settlement, and in-depth knowledge of defense court and the district court can help you protect your rights.
Don’t be a victim to the insurance companies. Call BWO today at (314) 862-6865.
Types of Insurance Denial Disputes
There are some common reasons an insurance company uses to deny an insurance claim. If you or an insurer think that the reason to deny the claim is not right or an error, you can decide to file an appeal. In response to your appeal, the claim can be readdressed.
If you still find the insurance company denying the pre-agreed terms, you can consult with an attorney. Your attorney will help you decide the next step for summary judgment.
Here are some of the common reasons cited by insurance companies for denying claims.
- Policy passages show that the policy excludes the coverage of the claim made.
- Some injuries, procedures, or incidents are not covered by the specific the policy
- Incomplete or incorrect information in the claim made by the insurers
- An interruption or any change in the insurance coverage during the specified period that’s been mentioned in the claim.
What Types of Insurance Litigation Disputes Does Buchanan & Williams Handle?
At Buchanan Williams & O’Brien, our attorneys are committed to helping clients settle and litigate insurance claims disputes in a wide range of practice areas. Our firm has been well established for 40 years. Our attorneys handle many types of insurance disputes, examples of which include the following:
- motor vehicle
- fire claims
- business property losses
For insurance disputes or advice on how to handle questions regarding insurance disputes, contact Buchanan Williams & O’Brien today. Our firm has 40 years of experience helping clients solve problems and can help you with your trust or will lawsuit. Call (314) 862-6865 or contact us online to make an appointment.