Is an insurance company denying your claim? Don’t know where to turn to? Our Colorado Springs insurance claims attorneys make sure you’re not bullied by the insurance companies.
Certainly, insurance companies are justified in not paying out on an insurance claim—sometimes. But, how do you know for sure when it’s justified? That’s why you need an attorney with insurance claims experience on your side. We know the rules and we know when the insurance companies are breaking them.
Save yourself the frustration and wasted time of trying to fight an insurance claim on your own. Give us a call at Springs Law Group. We’re ready to help. Your first consultation is free of charge and strictly confidential.
An insurance claim begins when you file a formal request with your insurance company asking for payment. The payment amount is based upon your previous agreement with the insurance company. The insurance company checks out your claim and either denies or approves the payment. If approved, the company will pay your claim.
You might be surprised how often insurance claims are denied. The following statistics show the frequency of such denials:
In addition, insurance companies might not deny your claim outright, instead offering pennies on the dollar of the value of your claim.
A profitable insurance company makes money by collecting premiums, not by paying out all the claims it receives. Therefore, insurers will use any reason they can find to deny a claim. For instance, let’s assume you are injured in a wreck caused by another driver. The other driver’s insurance company will often do everything in its power to prevent or reduce the size of a payout. Even a small detail can prevent you from getting the payout you deserve.
The following are some examples of how an insurance company might deny or reduce payment on a claim:
If you are injured and seeking a claim from the responsible party’s insurance company, you have to prove negligence. In other words, you have to prove that another person or company was negligent in some way that led to your injury and accident.
How liability is denied depends on the type of accident in question. If you are injured at work, the insurance company might try to claim you knew the risk of your job and took on the risk. This takes the negligence away from your employer, and puts it on you. You might also be accused of doing something to cause your accident or to make it worse by not seeking care soon enough.
Another common tactic insurance companies employ is to minimize your injuries. They do this by seeking out evidence that shows your injury or accident wasn’t as severe as you claim, or that part of it was caused by a pre-existing condition or a subsequent, unrelated incident. They may even go to the trouble of hiring a medical doctor to attest to this fact.
Insurance companies demand that you prove your case with certain evidence. If you are unable to do so, they sometimes will deny or minimize your claim because of “lack of evidence.”
Evidence can include documentation from a physician proving that your injury came from the accident as you claim. A police report is also very important after a car accident. Without one, an insurance company can question who was at fault for the accident. Keep the following items together as evidence of your injury and accident:
Remember, the more evidence you have on your injury, the easier it will be for you to prove your case. Your case will be stronger as a result.
Ideally, an insurance company would pay out what they owe without question. However, that’s not how it works. Instead, insurance companies have adjusters, doctors, nurses, and even lawyers working on their side. Their whole goal is to get you to say the wrong thing or do the wrong thing, so they can justify not paying your claim or paying a reduced amount.
That’s why our services at Springs Law Group are crucial. We understand all the tricks insurance companies utilize, and we are ready to fight for your rights. There are two main scenarios where a lawyer would be advantageous when it comes to an insurance claim:
Time is of the essence when dealing with an insurance claim. Therefore, as soon as possible after an accident, seek the help of an attorney. At Springs Law Group, we offer free consultations. This meeting will reveal how we can help you with your insurance claim.
Attorney fees will depend largely on the type of claim. In cases involving large amounts of money, an attorney takes a portion of the damages awarded after a case is won; this is called a contingency fee. In other cases, the attorney might charge a flat fee or charge by the hour. We can discuss our fees and how we go about earning our fee when you come in for your free consultation. Keep in mind that your claim can provide you with significant compensation to replace lost wages and other damages, including pain and suffering. Therefore, your first priority should be to find out how to get the compensation you are owed.
Contact Springs Law Group to learn what your options are and whether or not you have a strong case. The first consultation with one of our insurance claims lawyers in Colorado Springs costs you nothing. If you have questions about your insurance claim, call Springs Law Group today at 719.421.7141.