If you’ve purchased insurance for your home or your business, it’s very likely you did so in order to bring peace of mind to you and your family in the case of an emergency. Ideally, you would never need to use your insurance, but you pay your premiums as a protection with the idea that you would be supported if you one day needed it. When the day does come that disaster hits and you need to file an insurance claim, whether that be for your home, your business, or for medical reasons, the unfortunate truth is that insurance companies are not always quick to meet the conditions of your insurance contract. Insurance companies can often be self-serving and mostly interested in the best financial outcome for themselves. It’s possible that instead of helping you, their client, when you most need it, they will find loopholes and fine ways to make delays in an effort to avoid paying you what you rightfully deserve. At the Law Office of Dennis Green, we know how heartbreaking disastrous events can be for you and your family, and when you’ve taken the rights steps and purchased insurance, the process of filing an insurance claim should not be challenging. If you need to file an insurance claim, read below to see how the Law Office of Dennis Green can assist you.
What Is a First-Party Insurance Claim?
A first-party insurance claim is an area of law that we primarily focus on at the Law Office of Dennis Green. This is an insurance claim between the first party (the policyholder) and the insurance company (the second party). These are claims made to insurance companies that are dependent on the language in the specific policy (which acts as a contract between the policyholder and the insurance company). An example of this is when a homeowner suffers damage to his or her home and files an insurance claim to their insurance company to cover damages and repairs. Then, the insurance company should compensate that individual based on what is covered in their insurance policy. When filing an insurance claim, it’s important to provide as much documentation and physical evidence as possible in order to create a strong claim. Because of the documentation required to build a strong case, having an insurance claim attorney by your side can be incredibly beneficial. However, as mentioned above, insurance companies often act in their own best interest and can find ways to delay or deny payment for an insurance claim.
What Happens If an Insurance Company Doesn’t Pay For a Claim?
When an insurance company tries to get out of paying for a first-party insurance claim, it can take many forms. This is called bad faith insurance practices. Examples of how an insurance company might act in bad faith include but are not limited to:
- Failing to acknowledge a legitimate insurance claim.
- Denying or delaying compensation without a justifiable reason.
- Attempting to settle an insurance claim for less than what you are rightfully entitled to.
- Failing to provide reasoning for denying a claim.
- Using unfair and deceptive trade practices and methods when investigating an insurance claim.
If you file an insurance claim and believe your insurance company is not holding up their end of your insurance policy, it’s important to speak with an insurance attorney as soon as possible to assist with any lawsuits as a result of bad faith insurance practices.
If You Need to File an Insurance Claim, Speak With an Attorney Today.
At the Law Office of Dennis Green, we know how stressful it can be to deal with the fallout of an emergency, whether it’s related to your home or your physical well being. Additional stress related to filing an insurance claim or dealing with an insurance company that won’t respect the terms of your insurance policy is the last thing you need. At the Law Office of Dennis Green, we are committed to making sure you get what you deserve and you are rightfully entitled to from your insurance company. If you need assistance with filing an insurance claim, please give us a call at 850-377-9974 for a free consultation.