Answering Your Common Questions About Bad Faith Insurance
At Steelman & Gaunt, in Rolla, our attorneys frequently receive questions about claims related to insurance law. This is a relatively complex area of law, and it can be difficult to understand what is and what is not covered under an insurance policy. We want to take a few moments to answer some of the common questions asked of our attorneys, and help you learn more about what we can do for you if you find yourself in one of these situations.
Why Would An Insurer Deny A Valid Claim?
You may trust your insurance company to be concerned about your interests, but, you have to know that they are in the business of making money. They want to maximize their profit, and paying out claims has a significant impact upon their bottom line.
When they deny a claim that has merit, they may be thinking that you will not take the steps necessary to recover the compensation you rightly deserve. That you will take their word as the truth, and rely upon their reasons for the declined claim. You have to make sure that you thoroughly evaluate your claim before simply moving on.
Do I Have Options When Insurers Say I Do Not Have A Claim?
Absolutely, and our lawyers can help you learn more about what you can do depending upon your situation. We can review your insurance policy, determine the insurer’s obligations under that policy and then pursue recovery from the insurance companies. We have went up against some of the largest insurance companies doing business in Missouri, and we will not be afraid to go up against them in the courtroom, if that is what is best for your case.
How Long Do These Cases Typically Take And What Can I Expect To Receive?
This is a difficult question to answer without knowing specifically what has happened to you. We want to review your policy, get the facts of your case and learn more about the insurance company involved. Once we have the chance to sit down and evaluate the situation, we can give you a more detailed analysis of what we think we can do to help.