Around 18% of medical claims were denied in 2020. This is just one industry where insurance providers do not follow through on providing the support they assured they would.
Sometimes these denials are because of problems with the filing, which would be the claimant’s fault. But there are some instances where the insurance company is at fault.
When this happens, you’re left in an unfortunate situation. You did everything right, but now you’re not getting the support you need and rightly deserve. If this is the case, your best chance of getting that support is to sue an insurance company.
There are a few ways you can do this. Keep reading to learn more about when it’s time to sue your insurance company.
1. Sue an Insurance Company for Bad Faith
You can sue an insurance company for bad faith if they fail to provide the service or support they have promised you. This means they either never pay out the money, or they never intended to in the first place.
This can be tricky to prove, so it’s best to get a lawyer who knows this process. You’ll need proof that you made all your payments and submitted the correct paperwork. This means you meet the requirement for payout, and the insurance company is acting in bad faith if they don’t follow through.
If you need lawyers who sue insurance companies, check out the Dickstein Lawfirm.
2. Insurance is Taking Too Long
Some states allow you to sue your insurance company for taking too long. If your home was damaged and you need the insurance claim to pay out so you can fix it, some states have a time limit for this process.
So if your insurance company is taking too long to pay out or process a claim, you can sue them for this.
The legal guidelines for different industries vary from state to state, so you’ll have to look this up for your case to see if it is grounds for suing.
3. Sue for Negligence
If your insurance company makes a mistake that means they can’t approve your claim, you can sue an insurance company for negligence.
Examples of this could be that your insurer has lost documents you can prove you’ve sent in. Or they might have made an error which means you don’t qualify for the claim you’re trying to file.
This is why it’s crucial to keep track of everything. If your insurance company is the reason you can’t get the claim you deserve, you need proof so you can sue them for what you deserve.
Successfully Sue an Insurance Company
It’s a financially risky process to sue an insurance company. This is why you’ve got to make sure it’s under circumstances where you’ve got a good shot at winning.
These are the three times it’s worth it to sue the insurance company.
If you enjoyed this article, please check out our blog for more content.
