When you suffer damage to your property, sustain injuries in an accident, or lose a loved one, you can incur significant financial losses. You might not be that concerned, however, since there are insurance companies that will reimburse you for all of your losses, right? Unfortunately, this often does not happen as planned, and many people are left shocked that they received an insurance claim denial.
Insurance companies will try to deny claims whenever they can since doing so increases their profits. However, you entered into a contract with the insurer, and they need to keep up their end of the bargain and comply with Illinois law. You have options following a denial, and you should always seek help from a Chicago denied insurance claim attorney.
Any type of insurance claim can be denied for a number of reasons. Never expect an insurance adjuster to simply grant your claim and issue a check for the full amount you requested. Instead, the adjuster will investigate the claim and determine whether there are reasons for a possible denial, which can vary depending on the type of claim in question.
If you file a claim for damage to your home, vehicle, or business, the company might deny it for one or more of the following reasons:
If you suffered a personal injury in an accident, you will likely file a claim against the liable party’s insurance company. This type of claim is commonly denied due to:
Losing a loved one is tragic enough, and if they protected you with life insurance coverage, it can be a relief to have less financial stress during your grief. However, life insurance claims are regularly denied because:
After a denial, you have an uphill battle to appeal the decision, and you want professional help from an insurance claims attorney. The right lawyer can:
After receiving an insurance claim denial, a Chicago insurance claim denial lawyer from Anspach Law Office can help. Contact us as soon as possible to discuss your claim and your options.