Dealing with an insurance company following an auto accident can be very confusing, especially when they are refusing to pay out on a rightful claim. They may be trying to convince you that you are greedy or that filing a claim is in some way wrong, but don’t be fooled by their assertions. If your insurance company is denying a claim on your policy, contact Console & Associates P.C.’s insurance bad faith lawyers in New Jersey by calling (856) 778-5500. We will explain your rights and see that you are paid the compensation that is due to you.
The insurance company may seem like they are, on your side, and that they are your friend until you try to make a claim on your policy, that is. Suddenly, the entire tone of the relationship changes. You adjuster might try to convince you that you don’t have a claim or that your claim is not worth what your policy states it is.
The change in the way you are treated may catch you off-guard, and rightly so, as insurance companies are very good at deception. They spend millions of dollars on advertising with the aim of making you trust them.
The Insurance Industry’s Delaying & Denying Tactics
Insurance companies have very strict guidelines governing the way in which they process claims. Adjusters will always say the claim is worth less than it really is or simply state you do not have a claim at all. These are not tactics that are employed by just one or two bad companies; they are industry-wide strategies utilized to keep money in the company and out of the hands of rightful claimants.
At Console & Associates P.C., our attorneys have worked for several of the largest insurance companies in this country, and they have first-hand knowledge of the insurance industry tactics. It is completely surprising to most people the lengths these companies will go to in order to avoid paying the money they owe to you under your policy. Your insurance company would rather spend thousands of dollars, more money than your claim is even worth, on their legal defense just to ensure that they never have to pay you money.
Where Do Your Premiums Go?
The way insurance works are that the company accepts premiums from you every year. They then take that money and invest it, which doubles or triples that money. When you make a claim, the company will try to make you feel as though it is not worth it. They want you to give up so they can keep hold of that money and continue to profit off of it. The simple fact is, if you never collect on your insurance policy you are not only lining their pockets with your money, you are making them an additional profit just by letting them hold on to your premiums.
Insurance companies are for-profit businesses; their main focus is making money. Also, some of the large insurance companies are, public, meaning their duty is first and foremost to their shareholders rather than to you, the customer. If they can in any way make their customers feel like they can’t make a claim, wouldn’t be successful if they did, or that it would be wrong of them to file one, then they have won, and they can continue raking in the profits.
Award-Winning New Jersey Bad Faith Lawyers
Do not allow your insurance company to withhold the payments they are contractually obligated to give to you. Console & Associates P.C.’s skilled insurance bad faith attorneys in New Jersey have the insider knowledge of how these insurance companies try to deny claims, and we know how to overcome them. We’ve gone up against some of the most important names in the industry and won.
If your insurance company is refusing to pay a rightful claim on your policy, call us today at (856) 778-5500. We will work tirelessly to ensure that the insurance company pays the money they owe you.