Common reasons why insurance companies deny claims
Insurance companies are investment companies looking to minimize their risk of exposure. They want to deny your claim or play you partially. A few reasons insurance companies commonly deny a claim are: Variations of the same story. Insurance companies will use multiple versions of the same story to cloud facts and distort liability and medical treatment. Can’t Contact their insured—insurance companies have a contractual obligation within their policy that states they don’t have to pay on claims where their insured doesn’t communicate or appropriately participate. They call this clause a “reservation of rights” and commonly use it to deny claims. Word vs. Word—Sometimes the insurance company will indicate that they can’t determine who’s at fault because there is no other evidence outside of your word and their insured’s word. Usually, this is used in a contested lane change. However, an attorney will go the extra mile and investigate the facts by looking at the
