Filing an insurance claim and getting it paid should be easy but unfortunately many individuals who are involved in an auto accident learn quickly after filing their claim that the promises insurance companies make aren’t fulfilled. Some insurers won’t provide claimants with vital information they need so that they can recover the maximum amount of compensation they are entitled to while others receive a denial notice in the mail. If either are the circumstances you are currently facing or you are dealing with another issue, you can always contact Alexandria, LA car accident lawyer Davey Jones. Attorney Davey Jones can provide you with some legal advice that can help you better understand what your options are in terms of getting the issue resolved.
What are some of the most common reasons why insurers deny claims or neglect to pay them?
As much as we would like to trust that our insurance company or even that of the other party involved in the collision will come to the rescue when we need to get our vehicle repaired or our medical bills paid, very rarely will they provide the help we need. In fact, insurers deny claims left and right often leaving the victims of a crash struggling financially and unable to pay for the unexpected expenses that have accrued after the accident. While there are times when an insurer has a valid reason for denying a claim or even prolonging a payment to the claimant, there are plenty of other instances where the insurer is looking out for their best interest, not yours.
Below we share with you some common reasons why car accident claims are denied or left unpaid:
- The claimant, which is the individual who is filing the accident claim, failed to provide their insurer will the information they requested.
- The driver seeking benefits doesn’t have adequate coverage for the type of claim that is being filed.
- The police report doesn’t accurately depict what transpired in the collision resulting in the at-fault driver’s insurer refusing to pay your claim.
- The insurer acts in bad faith. An insurance company “owes to his insured a duty of good faith and fair dealing” and “should make a reasonable effort to settle claims with the insured or the claimant” [Source: Independent Insurance Agents & Brokers of Louisiana]. When an insurance agent fails to act in good faith and breaches these duties, the company can be held accountable for their actions. It is always a good idea to hire a LA car accident lawyer when dealing with an insurer who is acting in bad faith.
- The at-fault driver does not have adequate coverage to pay for the damage they caused. We refer to these types of drivers as being underinsured.
Aside from having to worry about insurers denying a claim or leaving it unpaid, they are also known to provide claimants with settlements that are far lower than what their actual damages are worth. Many victims in need of funds who are unaware of what their damages are worth will often accept these lower amounts as the insurer assures they can provide them with a check in a timely manner.
Now, because it can be difficult to determine when an insurer is acting in bad faith or if they are providing you with the money you are actually entitled to, you are encouraged to seek legal assistance from the Jones Law Firm. We will gladly review the details of your accident along with the information the insurance company has provided you with to help determine if your claim is being handled fairly and if you are actually being provided with the maximum amount of compensation you are due.
To schedule an initial consultation with our firm, simply call us at 318-442-1515 and we will set up a time for you to come in and discuss your matter in depth.
You can call or visit the Jones Law Firm at:
1330 Jackson Street
Alexandria, LA 71301