i there, today I want to address an issue, and I think the title may be about what your insurance company doesn’t want you to know. If you’re suffering from a loss, whether it’s a catastrophic devastating loss that takes your property in total, or whether it’s a small claim that impacts just part of your business, or part of your house. It’s important that you promptly call in your claim to the insurance company. But in response, I think it’s critical that you are ready to present your claim to the insurance company with the understanding that although you pay your premiums, and although you’ve known your agent for twenty years.
The Goal Insurance Company Claims
The first response from the insurance company may just be that, the first response. One that perhaps doesn’t include all of the damages, and we know the goal with all these insurance claims is for you to get back to your pre-loss condition. No matter but no worse. And the insurance companies have done a lot of research to find out that if the claim is put forth as one that, they have what they think is a basis for denial.
Many People Just Accept It
Many people will not challenge that. If the insurance company puts forth a small offer, many people will not challenge that. They will just accept it because they know it took so long just to get that far. they’re stressed out by the process. But the insurance companies are banking on this information. They’re denying claims, they’re delaying claims, and they’re defending claims because they know if you take a pool of people, you’ll slow down the payment. Not everyone’s gonna fight back, not everyone’s when you look at their policies, research and dig through and find out. That you are in fact entitled more money under this policy that you paid a premium for.
Make Sure You Get Benefit of The Bargain
It’s important to understand this. Insurance companies are in the business of making profits. They sponsor nationwide events like NASCAR races and football games. They do this with the profits from the claims. So take a hard look when you have an insurance claim. Be sure that you’re getting the benefit of the bargain. You pay for the insurance, you need to make sure that your claim is paid in full.
Tips for Handle That
As another tip. So many times I hear people say “well I don’t want my insurance to drop”, and “I don’t want my premiums to go up as I push forward with this insurance claim”. Well, we’re seeing time and time again if the insurance companies are going to do what insurance companies want to do. So to handle things in your best interests, you need to look into whether there’s a reason for you to press forward and be in the group of people that make sure they get their claims paid in full.
That’s something that we can do to assist you with, you just need to contact law group in your town for an initial consultation, which of course is at no charge.