If you sustain injuries or damages in an accident or catastrophic event, you may count on your insurance to cover your losses. After all, that is why you pay insurance premiums each month. Unfortunately, while you may live up to your end of the insurance deal,...
After their home or vehicle sustains damage, people may file a claim with their insurance company. However, the company could either deny the claim or offer a low settlement. In these situations, people could consider filing a dispute. Nerd Wallet says that claimants...
Expert Restoration reports that the IRMA, an organization that facilitates communication between and among professionals in the risk management and insurance fields, defines insurance bad faith as blatantly unfair conduct on the part of an insurance company that goes...
Why do insurance companies deny claims? Unfortunately, there is no easy answer. It would depend on your situation. Insurance companies are large, bureaucratic organizations. However, you should know that they are not the final authority when it comes to your injuries....
Following a calamity like a storm that causes damage to your home, you expect your insurance company to honor your policy and cover your damages. But then you receive a notice that your insurer has rejected your claim. It turns out that you had misunderstood the terms...
Kentucky residents expect their insurers to diligently and accurately investigate a claim. Most insurance companies act in good faith and fulfill their lawful obligations. Of course, an insurer will deny a claim that is fraudulent or does not meet the policy’s...
After the accident, you immediately called the insurance company and filed a claim. The matter seemed to drag on forever, and now, you have received a denial. Did the insurance company act in bad faith? What is bad faith? According to United Policyholders, for you to...
Ideally, you will never have to deal with a bad faith insurance claim in Kentucky, but it can happen to anyone. One of the best ways to avoid dealing with insurance issues is to choose your insurance company carefully. When you use a company that has good traits, you...
The Shawnee Tabernacle Church in Pennsylvania shared a building with its affiliated day care center and an empty space that had been leased to a charter school. In 2015, the property sustained damage from a water leak, and the church called its GuideOne insurance...
Even though you have responsibly paid your insurance premiums on a regular basis, you may still have difficulty receiving a claim payout. Known as insurance bad faith, it is not legal for insurance companies to respond to claimants in such a manner. However, that does...
