When the Adjuster Says You Are Not Covered ...
In a natural disaster — Hurricane Katrina, for example — there are extraordinary damages. An insurance company may decide that it cannot afford to pay all those claims, so they develop a scheme of delay, deny and defend — and rightful claims are not paid.
ClassAction.com: Justice After a Disaster
Insurance companies are in business to make a profit. Paying out claims can reduce those profits or even place the insurance company in the position of losing money. Their first legal obligation is to policyholders. The insurance company took on the risk and they were paid premiums.
If the insurance company has a pattern of treating many policyholders the same way, a class action may be the way to find justice. At ClassAction.com, we help people share their experiences with rejected insurance claims.
- Delayed claims: Insurance companies have found that delaying a claim is an effective way of saving money. The policyholder may give up pushing for the claim. Or the policyholder may be willing to settle for far less than the claim is worth.
- Denied claims: Failure to provide coverage at all save money for the insurance company. They may claim that a policy does not cover roofs, for example. Or they may say the damage was caused by water (not covered) and not by wind (covered).
Fighting back, especially for the individual policyholder, can be difficult. The insurance company will vigorously defend its actions. You need an attorney who has the financial resources and the determination to take on a big insurance company. When policyholders are joined together in a class action lawsuit, the costs of fighting back are shouldered by the law firm.
Contact ClassAction.com if you feel the insurance company unfairly delayed or denied a claim.
