If you believe the government website, Healthcare.gov, when it says, “Health insurance provides financial protection in case you have a serious accident or illness,” and then reiterates the idea a little later in the same paragraph – “Health coverage can help protect you from high, unexpected costs,” you may find it inappropriate that an insurance company would go to great
In the Sooner state of Oklahoma, the Oklahoma State Insurance Department requires every insurance company to act professionally and in good faith when handling legitimate insurance claims from those individuals and entities the company insures. In other words, insurance companies serving the state of Oklahoma are required by state law to treat their customers fairly – including prompt claim payments
There is nothing more demeaning than paying an insurance company in good faith, thinking they will have your back when you need it the most, and they tell you “DENIED.” Insurance companies are supposed to refurbish whatever is lost due to damage. Some damages are not paid for, which case is noted within the fine print, so be careful when
States across the country recognize that when a policyholder’s liability is clear and a judgment in excess of policy limits is likely, an insurance company has a duty to participate in settlement negotiations in good faith. A strongly worded demand for policy limits can appropriately put pressure on insurance companies to settle and such letters are critical to catch the
A health insurance claim can be denied for a few reasons. It happens when the insurance company refuses to pay for a service you may receive. If it happens after you have already had treatment and the claim has been submitted then it’s called a claim denial. Sometimes an insurer will say ahead of time that they won’t cover a
Insurance is an important thing to have for a variety of different possessions, one of the most important things to cover being your home. Many things can happen to your home outside your control, and as such, insuring it helps account for these possible risks. However, just because you have insured your home against damages, this does not necessarily mean
There are a lot of hurdles a person may have to deal with when dealing with their insurance company in Oklahoma, even at the best of times. However, at times, one of the biggest hurdles is the fact that insurance companies are not a charity. When all is said and done, an insurance company exists to make money before anything
Filing an insurance claim is not the easiest or most enjoyable thing that you can do, and there are additional complications that may manifest. One thing that all too many people have had to face when filing an insurance claim is when their insurance provider flat out denies the claim. This may seem like the end of the road for
One thing that people need to realize about car insurance companies is that, no matter how much they may benefit you, they are in it for a profit before anything else. Unfortunately, many car insurance companies will do all too many things to improve profits, regardless of whether these business tactics are good faith or bad faith. However, these insurance
Being involved in an accident when driving a car can be a challenging situation. If you are in an accident when on the road, you could incur a variety of damages to your vehicle and incur bodily injury. All of these costs associated with the accident can add up quickly. Fortunately, most drivers will have an auto insurance plan in
If you believe the government website, Healthcare.gov, when it says, “Health insurance provides financial protection in case you have a serious accident or illness,” and then reiterates the idea a little later in the same paragraph – “Health coverage can help protect you from high, unexpected costs,” you may find it inappropriate that an insurance company would go to great
In the Sooner state of Oklahoma, the Oklahoma State Insurance Department requires every insurance company to act professionally and in good faith when handling legitimate insurance claims from those individuals and entities the company insures. In other words, insurance companies serving the state of Oklahoma are required by state law to treat their customers fairly – including prompt claim payments
There is nothing more demeaning than paying an insurance company in good faith, thinking they will have your back when you need it the most, and they tell you “DENIED.” Insurance companies are supposed to refurbish whatever is lost due to damage. Some damages are not paid for, which case is noted within the fine print, so be careful when
States across the country recognize that when a policyholder’s liability is clear and a judgment in excess of policy limits is likely, an insurance company has a duty to participate in settlement negotiations in good faith. A strongly worded demand for policy limits can appropriately put pressure on insurance companies to settle and such letters are critical to catch the
A health insurance claim can be denied for a few reasons. It happens when the insurance company refuses to pay for a service you may receive. If it happens after you have already had treatment and the claim has been submitted then it’s called a claim denial. Sometimes an insurer will say ahead of time that they won’t cover a
Insurance is an important thing to have for a variety of different possessions, one of the most important things to cover being your home. Many things can happen to your home outside your control, and as such, insuring it helps account for these possible risks. However, just because you have insured your home against damages, this does not necessarily mean
There are a lot of hurdles a person may have to deal with when dealing with their insurance company in Oklahoma, even at the best of times. However, at times, one of the biggest hurdles is the fact that insurance companies are not a charity. When all is said and done, an insurance company exists to make money before anything
Filing an insurance claim is not the easiest or most enjoyable thing that you can do, and there are additional complications that may manifest. One thing that all too many people have had to face when filing an insurance claim is when their insurance provider flat out denies the claim. This may seem like the end of the road for
One thing that people need to realize about car insurance companies is that, no matter how much they may benefit you, they are in it for a profit before anything else. Unfortunately, many car insurance companies will do all too many things to improve profits, regardless of whether these business tactics are good faith or bad faith. However, these insurance
Being involved in an accident when driving a car can be a challenging situation. If you are in an accident when on the road, you could incur a variety of damages to your vehicle and incur bodily injury. All of these costs associated with the accident can add up quickly. Fortunately, most drivers will have an auto insurance plan in
