Unfair claims settlement practice is the improper avoidance, or reduction of a claim by an insurance company. There are many methods or tactics that insurance companies might use to unfairly handle the settlement of claims, and it unfortunately happens quite often. There are also laws in place to protect consumers from unfair treatment during the process of insurance claim settlements.
Many people assume their insurance company is dedicated to protecting its customers and have their best interests in mind. In reality, an insurance company is a for-profit corporation that is more likely to be dedicated to protecting its bottom line.
When an insurance company engages in unfair claims settlement practice, it’s crucial that you fight back and avoid becoming a victim of an unfair settlement.
Consider hiring a public adjuster to help. A public insurance adjuster can handle your insurance claim from beginning to end or assist with negotiations, appraisals and understanding your coverage under the insurance policy. If you feel that your insurance company is participating in unfair claims settlement practices then a public adjuster can be your first line of defense and help determine what the next best course of action should be for your particular situation.
If you have questions regarding any property insurance related issue, call A&H Public Adjusters today or visit fastclaimhelp.com.