If your insurance claim was denied, an insurance lawyer can help you get the full recovery you are entitled to.
Most insurance companies accept claims of small amounts, but when it comes to large claims, these insurance companies always find reasons to deny it, no matter how legitimate your claim may be. Many are disheartened and simply accept the denial. This is what the insurance company wants you to do. They know that it takes more work and more expense to appeal a denial, and they know not everyone has the resources to continue the claim.
Sometimes, insurance companies will offer you an amount substantially lower than what you are claiming. If you do not have the time, the wisdom, or the resources to question this amount, you will simply settle for whatever the insurance company will give you.
This is also partly how insurance companies earn: by denying, either partially or wholly, legitimate insurance claims. When this happens, you need an experienced insurance lawyer beside you to guide you with your arguments, the supporting documentation you need, including letters you need to prepare, and to advise you on whether an insurance company’s settlement offer is acceptable or not, given the strength of your claim.
An insurance lawyer can assist you in proving your claim a strong claim, complete with supporting documentation, to minimize any risk of the insurance company denying your claim.
If needed, the insurance lawyer will litigate your insurance claim.
When your claim is strong and the amount at stake is reasonably large and supported by documentary evidence, an insurance lawyer may agree to accept your case on a contingency basis. In this case, the lawyer will only be paid once the insurance company settles your claim or an award is made by a court in your favor.
Many persons and corporations insure different types of risks because it is required or they want to have peace of mind that they have the funds to pay in case an accident happens. These persons and companies get different types of insurance, such as:
When insurance companies deny your insurance claims related to any of the above coverages, you should consult an insurance lawyer immediately.
It may feel unfair when you diligently pay premiums for a risk you would like the insurance company to cover, only to find out later that the insurance company is denying your coverage for unreasonable causes. When your case is strong and the insurance company sees that you are represented by an insurance lawyer, the insurance company will most likely settle your claim. Your insurance lawyer will be able to tell you whether the settlement amount being offered is adequate and within market standards.
Insurance companies will deny an insurance claim for several reasons, such as:
An insurance lawyer can help you challenge the insurance company’s denial of your claim. It is important to immediately contact an insurance lawyer because the prescribed periods for filing and appealing insurance claims are strict. Failure to file within the time period can result to the loss of your right to claim or appeal.
Especially for large claims, the chances of you getting your insurance claim denied is lower if you get an insurance lawyer at the onset. Some tasks of your insurance lawyer may include:
Getting denied your insurance claim can be demoralizing. An insurance lawyer can help you challenge this denial. Should you need an insurance lawyer, we at the Law Offices of Albert Goodwin are here for you. We have offices in New York City, Brooklyn, NY and Queens, NY. You can call us at 212-233-1233 or send us an email at [email protected].