When your claim was denied after a car accident, you still have options to pursue compensation. The insurance company has an obligation to honor your claim if serious injuries result from a car accident and you have insurance to cover it. However, if the company denies your claim, what recourse do you have?
You have options if the insurance company denies your claim. According to a 2019 article in Marketwatch.com, many insurance companies may not want you to realize you have options to deal with a denied claim.
You have the following options:
Insurance companies have an obligation to honor a legitimate claim. They also must investigate and process a policyholder's claim within a timely manner. Bad faith insurance occurs when insurance companies use tactics to avoid their contractual obligations to their policyholders.
Experienced accident attorneys have knowledge of insurance laws and have developed legal strategies to deal with insurance companies deny that claims. A lawyer can be invaluable in protecting your rights.
If you have a bad faith claim and have suffered serious injury, recovering compensation for damages can help with the financial burden caused by the accident. Discuss your situation in a free consultation with our attorneys at Sackstein, Sackstein & Lee, LLP.