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Insurance Settlements: Protect your Rights

Most of us have a variety of insurance policies that we pay dutifully, year after year, and rarely have reason to file a claim. When we encounter a situation in which a settlement should be paid, it could be assumed that an insurance company will come through with a fair settlement, particularly after years of paying our premiums. Unfortunately, many people find that it can be much more difficult to get the insurance settlement they deserve, and could have a valid claim denied, or be offered a settlement that does not cover the costs of the damages incurred. Whether you have encountered such a difficulty with a claim involving storm damage, a break in at your home or other problem, a lawyer from Price Law Group can help.

Insurance Bad Faith: You Have Rights

Some insurance companies have been found to have denied valid claims, failed to pay a claim in a timely manner, make low offers of settlements that are inadequate to address the damages or other act of insurance bad faith. Consumers may not realize that they have the right to be paid per the terms of their policy. If you have been told that you were not covered, or the insurance company is failing to uphold the terms of the policy that you have faithfully paid, the firm can help. Some of the more common strategies that the firm has addressed include:

  • An insurance company failing to investigate a claim within a reasonable amount of time
  • An insurance company failing to notify a customer that they are entitled to a claim
  • A customer being told they are not covered based upon a technicality
  • An insurance company refusing to pay for the necessary repairs and citing something in the fine print of your policy
  • Offering a settlement that does not cover the needed repairs
  • Holding back payments for too long and keeping the interest that has accrued
  • Depreciating the cost to repair damages significantly
  • Not paying your insurance claim after the repairs are completed within a reasonable amount of time
  • And many other types of violations of your rights as a consumer

You paid your premiums so that you were covered should the unexpected occur; you deserve to be paid fairly and should not be dealing with an insurance company that is acting in bad faith. In such cases, the firm gets involved to get the issue resolved. The attorney from the firm can assist you through the process, from the claim through to payment. Price Law Group is very qualified to address these difficult issues, and is familiar with the process of getting the settlement that you deserve after filing a claim.

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