Denied, Delayed, or Underpaid Insurance Claims

After a qualifying event or loss, an individual reasonable expects an insurance claim to be promptly paid by the insurance company that held the policy. You have paid your premiums in a timely manner to the insurance company for this exact reason. You had peace of mind knowing you were covered under your specific insurance policy.

So what happens when you do everything right and in a timely manner and the insurance company fails to follow through on their own promise? You need the claim to be processed and paid in full in a timely manner and now the insurance company is causing an unanticipated headache on top of everything else.

That is where Bernard Law Firm comes in. We want to work with you and the insurance company to see that any of your claims are paid in full in a timely manner so that you can move on with your life and past this unnecessary obstacle. We have a great deal of experience in working with denied, delayed, and underpaid claims for our clients. We know the policies involved and the companies holding the insurance policies. We are ready to use our expertise to help you settle any dispute in regards to your insurance claims. In business for over a decade, Beniard Law Firm is happy to alleviate the concerns of its clients in any way we can. We want our clients to feel relieved in knowing that our lawyers are ready and capable to handle the concerns of our clients. We are ready to answer any questions concerning insurance claims practices you might have for us. We want to help you on this journey in anyway we can.

We are ready to have a look at your case, whether it be a denied insurance claim, delayed insurance claim, or an underpaid insurance claim. Even if you are unsure of your rights after submitting an insurance claim, we would be happy to talk to you about your insurance policy and your insurance claim to provide any knowledge that might be helpful to you going forward. We want to lay out a clear plan of action for your insurance claim and work toward a resolution for you.

The waters of insurance law are murky and complex. The experience of our lawyers ensures that we will be able to pinpoint a solution for you as well as the most efficient and effective roadmap to achieving the solution. We want to handle any concerns you might have, so we deal with the insurance companies so that we might find an agreeable solution quickly.

The claims practices of insurance companies can vary widely depending on the type of policies, the insurance companies themselves, and agencies that sell their policies. The incredible number of factors involved insurance disputes sometimes makes it unnecessarily difficult to determine how to proceed in the wake of a denied insurance claim, delayed insurance claim, or an underpaid insurance claim. Our firm has handled a multitude of cases involving many major insurance companies. We have handled claims for different types of policies. We are committed to navigating these complex policies to provide you with committed representation in regards to your insurance claim.

Denied Insurance Claim

A policy of insurance is a fiduciary indemnification contract. A fiduciary is someone who has undertaken to act for and on behalf of another in a particular matter in circumstances which give rise to a relationship of trust and confidence. In simple terms this means that the insurance company should treat your claim as if it were their own claim they were adjusting. The indemnity part of the equation causes the insurance company to compensate another party to a contract for any loss that such other party may suffer during the performance of the contract. Once again, in simple terms this means the insurance company should pay all claims that fall within the terms of the policy.

The insurance company received your premiums year after year and now owes you the coverage you paid for. If you filed an insurance claim against your insurance company for damages then this is called a First Party Insurance Claim. The fiduciary indemnification contract causes the insurance company to be held to a higher standard in its dealing with First party claimants than if they were dealing with a third party claim such as an auto accident claim against one of their insured drivers.

If the insurance company is denying your claim they must have good faith reasonable basis for doing so. If the company is found to have unreasonably denied your claim it is possible that Bad Faith damages could be awarded. The denial of your insurance claim has severe implications and you need an experienced insurance attorney to help counsel you through the claims and litigation process.

The Berniard Law Firm filed hundreds of lawsuits against insurance companies after Hurricane Katrina. The denial of claims was the modus operandi of insurance companies after Hurricane Katrina. The Berniard Law Firm fought for its clients' rights and recovered millions of dollars from insurance companies after they had wrongfully denied insurance claims. Our attorneys have the experience and expertise necessary to help protect your rights in these complex matters. No all denial of coverage lawsuits go to court. Many settle for substantial sums after the insurance company is made aware of their potential liability for their egregious actions.

Delayed Insurance Claim

Delaying the payment of your insurance claim is more than just a mere annoyance. Your insurance carrier should process and pay all valid claims in a timely manner. The consequences of delaying your valid claims often cause the inability to repair your property and other inconveniences. Insurance laws prescribe set timelines for the payments of your claims and an insurance carrier who runs afoul of the law could be found to be acting in bad faith.

Insurers use various tactics to try to shift the delay of the payment to you. Among other tactics to cause delay in paying your claims insurers often; ask for unnecessary documentation before processing a claim, fail to provide explanations for the delay hoping that you will not question the late payment, state they are still investigating the claim when there is no good faith reasonable basis for doing so.

Although the carrier might ultimately pay the claim in full the delay gives them the benefit of the money for a longer period of time. This allows them to benefit from holding the money for a little longer by earning interest and putting off the need to report the payment for an extended period of time. Insurance companies count on you to be happy that you finally received the payment and therefore not exercise any rights you might have in asserting claims for the late payment.

If the insurance company is delaying the payment of your claim they must have good faith reasonable basis for doing so. If the company is found to have unreasonably delayed the payment of your claim it is possible that Bad Faith damages could be awarded. The delay of the payment of your insurance claim has severe implications and you need an experienced insurance attorney to help counsel you through the claims and litigation process.

The Berniard Law Firm filed hundreds of lawsuits against insurance companies after Hurricane Katrina. These insurers delayed payments time and time again. The Berniard Law Firm fought for its client's rights and recovered millions of dollars from insurance companies after they had wrongfully delayed the payment of valid insurance claims. Our attorneys have the experience and expertise necessary to help protect your rights in these complex matters. No all delay of payment lawsuits go to court. Many settle for substantial sums after the insurance company is made aware of their potential liability for their egregious actions.

Underpaid Insurance Claim

Underpaying insurance claim has allowed insurers to reap huge profits over the past few years. By cutting a small amount of a policyholderÕs claim payment from a large amount of claims the insurers are skimming from the coverage payments that are needed to repair their customers property. The inconvenience this underpayment causes you is unquestionably not the Ògood handsÓ or Ògood neighborÓ treatment you thought you were getting when you purchased the policy.

Insurers use various tactics to try to under pay claims. Among other tactics to cause underpayments of your valid claims insurers often; use unreasonable depreciation that has no basis for the age and useful life of the item, quote unreasonable percentages of overhead and profit, use outdated and faulty price lists in areas where construction prices have gone sky high, use unreasonable basis for the calculation of your business losses, and fail to correctly price specialty items.

Although the carrier might ultimately pay the claim in full the delay gives them the benefit of the money for a longer period of time. This allows them to benefit from holding the money for a little longer by earning interest and putting off the need to report the payment for an extended period of time. Insurance companies count on you to be happy that you finally received the payment and therefore not exercise any rights you might have in asserting claims for the late payment.

If the insurance company is underpaying your claim the Berniard Law Firm can help you receive the full value for your claim. If the company is found to have unreasonably underpaid your claim it is possible that Bad Faith damages could be awarded. The underpayment of your insurance claim has severe implications and you need an experienced insurance attorney to help counsel you through the claims and litigation process.

The Berniard Law Firm filed hundreds of lawsuits against insurance companies after Hurricane Katrina. The insurance companies consistently underpaid claims by asserting various faulty reasons for doing so. The Berniard Law Firm fought for its client's rights and recovered millions of dollars from insurance companies after they wrongfully underpaid insurance claims. Our attorneys have the experience and expertise necessary to help protect your rights in these complex matters. No all underpayment of insurance claims lawsuits go to court. Many settle for substantial sums after the insurance company is made aware of their potential liability for their egregious actions.

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