Finance

3 Things That Can Go Wrong When Filing an Insurance Claim


Your insurance provider is supposed to be there for you when something goes wrong. That’s what you’re paying them for, right? As it turns out, that isn’t always the case. Sometimes things go wrong. It can be because of something on your end, but other times it’s because of things on the insurance provider’s end.

You Fail to Document Everything

When it comes to filing a claim, documenting everything about the incident and claim from start to finish is essential. Your documentation and evidence are what provide crucial support to your claim. The insurance company isn’t going to just give you a handout. You have to prove that you deserve what you’re asking for. Failing to do so can result in your claim being denied or the settlement you’re offered being lower than what it should be.

The Insurance Company Refuses to Pay

Even if you document everything correctly, sometimes the insurance company will still refuse to pay out. There are plenty of reasons for this, from the damage not being covered by your policy to administrative errors on the part of the insurance provider. It could even happen because of a bad faith denial because they just don’t want to pay you. If that happens, your best bet is to retain an attorney. An attorney can help you win a case against an insurance company that refuses to pay.

You Wait Too Long

Life happens and has a way of getting in the way of getting things done sometimes. That isn’t something you can afford to allow when it comes to filing an insurance claim though. There are statutes of limitations on these types of things. If you try to file outside of that time frame, you aren’t going to get anywhere. No court will even look at your case. The statute of limitations varies by state, so make sure you know what your state’s laws are regarding your claim.

One of life’s inevitabilities is that things will eventually go wrong somewhere. When it comes to filing an insurance claim, things that can go wrong include failing to document everything, the insurance company refusing to pay, or waiting too long to file a claim. It can be frustrating, to say the least. Do what you can to make sure things don’t go wrong so you can get the best result possible from your claim.

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