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Nothing prohibits an insurance company from denying a claim. An insurance policy is a legal contract binding on both parties. One party agrees to certain obligations such as telling the truth on the application for insurance and paying the premiums and the other party agrees to pay covered claims on a timely basis. As long as the insured meets their obligations under the policy the insurance company will meet their obligations.
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∙ 12y ago
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What effect does a claim has on insurance company?
A claim is a liability on part of the insurance company. If a customer makes a claim it means that the insurance company has to pay the customer for the amount is eligible to claim and hence it is a expenditure on the balance sheets of the insurance company.
What if the delay in filing an insurance claim is the fault of the insurance company?
That's not very likely. The insurance company does not file your claim, they accept your claim notice from you. You have to file your claim with the company, not the other way around.
Can I be sued for a bad faith insurance claim?
Usually in a bad faith insurance claim the insurance company is in the wrong. A bad faith claim is when an insurance company fails to pay out what was promised on the claim. More than likely you could sue the insurance company and have a chance at winning your case.
How do I claim my insurance from Aetna Insurance Company?
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If the other persons car is damaged do you have to file a claim?
No, they will file a claim with their insurance company and their company will talk to your company. Assuming you swapped insurance details.
Can a claim be made against a person's insurance without their permission?
Anytime you make a claim with your own insurance company against someone else's company or their company directly, the company taking the claim by law has to fully verify and investigate the claim being made. Not only that, no insurance company in their right mind would pay out insurance claims without checking them out first.
Can you sue at fault driver in California who has insurance if his insurance company refuses to pay your claim for medical expenses or do you have to sue his insurance company?
yes. you can sue an at fault driver if his insurance company refuses to pay your claim. it would not be proper to sue the insurance company.
How can I claim my insurance if your car dies?
Call the insurance company.
How long does a insurance company have to evaluate a claim?
life insurance
How long do you have to file car insurance claim in Kentucky?
You have 10 days to file a claim with your insurance company.
Who benefits from a mortgage insurance claim?
The real beneficiary from a mortgage insurance claim is ultimately the insurance company that provided you with the mortgage insurance in the first place.
If my insurance company deducts my deductible from a homeowners claim do i still pay the deductible?
Yes. The insurance company will pay their portion of the claim which does not include the deductible because that is your portion .
