Policyholders who have been injured have the right to expect that their insurance companies will approve valid claims in accordance with the terms and conditions of the policy. However, some providers may wrongfully deny valid claims to reduce the amount they are required to pay. In these cases, policyholders may consider working with an Iowa insurance claim attorney, like one affiliated with Attorney Group for Iowa.
If an insurance company denies or undervalues a claim, it may argue that the policyholder did not pay his or her premiums in a timely manner, causing the policy to lapse, or that the policy does not cover the loss for which the policyholder is seeking compensation. Policyholders may be eligible to pursue bad faith claims if they can prove that the insurance providers engaged in dishonest business practices by having the responsibility to pay out a claim but failing to do so.
If you believe that your insurance company has treated you unjustly, consider seeking legal counsel from an Iowa insurance claim attorney. Many insurance providers attempt to protect their cash reserves by avoiding payouts or undervaluing legitimate claims. Examples of how an insurance company can handle claims in an unfair manner include:
- Knowingly misleading or deceiving policyholders
- Neglecting or refusing to fulfill the terms of the policy without a valid reason
- Conscious wrongdoing
It may be difficult to prove that an insurance provider wrongfully denied a valid claim, so it is important to work with an Iowa insurance claim attorney to determine whether you have a case. He or she can speak to the provider, investigate the situation, and review both the terms of your policy and the provider’s actions in order to decide whether you are eligible to seek compensation.
Need More Information? Contact Us Today
If you feel as though your insurance company wrongly denied a valid claim and you would like more information about your legal options, contact Attorney Group for Iowa today. We can answer your questions and provide you with a free, no-obligation consultation to help you determine if you are entitled to seek compensation. If you are, we can connect you with an affiliated Iowa insurance claim attorney who can work to protect your legal rights. Call today.