Insurance Claims Denials Lawyer Chicago IL
Anyone who has received notice of a denial from their insurance company after a serious life accident, can rely on an insurance claims denials lawyer in Chicago, Illinois at Childress Loucks & Plunkett for help. Let’s say you have recently experienced a loss from theft, fire, natural hazard, or other calamity and have filed a claim with your insurance company. Perhaps you are concerned about recovering all of your losses, and losing none. This concern is natural, and rightfully so.
As an insurance claims denials lawyer in Chicago is aware, there is often a conflict of interest between your own financial interests and those of the insurance company. Even though you have been paying a premium for, perhaps years, the insurance company will likely seek to pay you the minimum amount. Obviously, you don’t want this and probably need much more than they have offered you to recover.
Insurance Claims are Also Business Negotiations
As much money as you have paid to have insurance, you would expect to be able to utilize it to your advantage when you need it most. In a perfect world this would be true; however, the world is not perfect. Thus, if you want to ensure you recover maximum damages then you may have to fight for it. In this case you should ask an IL insurance claims denials lawyer in Chicago to help you.
How Your Claim May Be Assessed
Insurance companies turn to insurance adjusters, and sometimes their own lawyers, to determine what your claim is worth. Typically after you file a claim, the adjuster will visit the location relevant to the claim. For example, if your house flooded, they will visit the house and investigate the surroundings. At this time, it is recommended that you have your own lawyer from Childress Loucks & Plunkett to protect your rights and interests. You may be asked a broad range of questions. Many of these will sound simple, but they are often worded in such a way that they are meant to confuse you or cause you to say something that you might not have actually meant.
If you say the wrong thing, provide the adjustor with inaccurate dates, times, or figures, they will report it to the insurance company who then will likely use this against you. The result can be a reduction in the amount of money they are willing to pay out.
Claims We Can Help With
An IL insurance claims denials lawyer can assist individuals and businesses with all types of insurance claims including:
- Water damage
- Hurricane damage
- Natural event/hazard damage
- Sinkhole damage
- Tornado damage
- Wind damage
Even if your claim has been denied, or the insurance company is offering you less than what you were hoping for, you are not obligated to accept their response. You do have the right to file a lawsuit against the insurance company in order to obtain the benefits that are covered in your policy.
If you are preparing to file a claim, or have recently done so, it is advisable to consult a Chicago insurance claims denials lawyer as soon as possible. In doing so, your interests can be protected. Your first consultation with a member of our legal team is free. The cost for representation can be further discussed during your consultation, but often they are covered through the settlement or by the insurance company.
To schedule a consultation with a Chicago, IL insurance claims denials lawyer please contact us at Childress Loucks & Plunkett right away.
Insurance Bad Faith Practices
Insurance is one of those bills that people pay, but hope they never have to use it. However, it is important to know that your insurance policy legally protects you from minimal payouts or unfair denials. Despite that rule, insurance companies are notorious for doing all they can to minimize the compensation they pay out, even to their own clients. This is because the goal of each insurance company is to make a profit.
At Childress Loucks & Plunkett, each Chicago, IL insurance claims denials lawyer helps clients who are dealing with disputes with insurance companies. If you believe your insurance company wrongly denied your claim, contact our office to meet with a member of our legal team.
Bad Faith Practices
As a Chicago, IL insurance claims denials lawyer can explain, the policy you have with your insurance company is a contract. Your part of the contract is to pay the company your premiums before their due date. Your insurance company’s part of the contract is to process your claim in good faith according to the terms of your policy. When your insurance company fails to adhere to their part of the contract, they are acting in bad faith. Some examples of bad faith include:
- The company fails to respond or acknowledge a claim for coverage that you submit
- The company misrepresents the terms of your policy
- The company fails to conduct an appropriate investigation
- The company fails to conduct a prompt and reasonable appraisal
- The company delays or denies a claim without a legitimate reason
- The company fails to pay or deny a claim within a reasonable timeframe
- The company attempts to settle for a significantly less amount thaN what your policy entitles you to
- The company uses intimidation, harassment, or other improper means as a way to prevent you from pursuing your claim
Insurance companies will engage in these bad faith activities regardless of what type of policy the client may have. Each Chicago, IL insurance claims denials lawyer from our firm has extensive experience handling these types of cases. Whether your claim involves your home, vehicle, or business liability, our firm can help you get the financial compensation you are entitled to per the terms of your insurance policy.
Contact a Chicago, IL Insurance Claims Denials Lawyer
If you are an accident victim, it is crucial to your case to find an insurance claims denials lawyer who is willing to negotiate in your best interest, however, will not settle the case for an amount that does not match the amount you may be entitled to just to avoid litigation. You want an attorney who is not only a skilled negotiator, but also one who is just as skillful as a litigator.
Each insurance claims denials lawyer Chicago IL clients trust from Childress Loucks & Plunkett have represented numerous accident victims in insurance company lawsuits and will work diligently to get you the best possible outcome based on the circumstances of your case. Call our office today to set up a free and confidential consultation to find out what legal recourse you may have.