Understanding Insurance Settlements and Your Rights

Individuals take out insurance policies in order to protect the things that they cannot afford to lose. Should a fire, heavy storm, or break-in occur, individuals rely on their insurance company to protect their homes and businesses and cover the cost of damages and repairs. While in many cases, individuals who make regular payments receive the coverage they need in the event of an emergency, some insurance companies resort to underhanded methods in order to rip off their policyholders. An attorney from Price Law Group can provide you with the representation you need if you are experiencing difficulties with your insurance provider and you would like to take legal action.

Insurance Provider's Tactics

With a lawyer by your side, you can stand up to these big insurance companies. No matter what difficulty you may be facing, whether financial or otherwise, it is important to be aware of the underhanded strategies some insurance companies employ to avoid paying the full amount due under the terms of the policy to their policyholders. Some of these strategies can include:

• Failing to investigate your claim within a reasonable period of time
• Failing to provide notification that you are entitled to a claim
• Never actually assessing the damage to your property
• Denying you a settlement based upon a technicality in your policy
• Refusing to pay for repairs based upon specific fine print or loopholes
• Paying less to you than the damages to your property cost to repair
• Holding payments back and keeping the interests (not passing it on to you)
• Depreciating your repairs and trying to pay you much less than you expected
• Withholding payment after you have completed your repairs

You should not stand back as your insurance provider fails to hold up their end of the bargain. An attorney from Price Law Group will guide you through your complicated insurance policy and determine exactly how much coverage you should be receiving. From claim to payment, their firm will stand by your side and help you fight for the payment and benefits you are entitled to receive. In the past, their attorneys have helped thousands of clients through any number of difficult financial circumstances from loan modifications to filing for bankruptcy. They're here to help.