What to Do When Car Insurance Company Refuses to Pay

What to Do When Car Insurance Company Refuses to Pay

A Simple Explanation of What to do when a Car Insurance Company Refuses to Pay. This video will teach you why insurance companies only respond to profit-loss.

http://MattLaw.com – Matt Powell, Board Certified Civil Trial Lawyer

The most important thing to know is the only thing that motivates insurance companies is profit. So, the only way to elicit a response from your car insurance company is via threats of profit loss.

Most people believe that insurance companies are motivated by altruistic goals and always want to do the right thing for their insureds and society. Unfortunately, that line of thinking could not be farther from the truth.

Your car insurance company is not looking to do the right thing for you, your family, or our country. When your car insurance company refuses to pay, it’s because it’s the right thing to do for their bottom line (profits.)

When a car insurance company refuses to pay, the only thing you can do to motivate them to pay the full value of your claim is to threaten them with a lawsuit.

Here is the car insurance company mantra:

DENY the Claim
DELAY the Claim
DEFEND the Claim

I call the insurance company mantra “The 3 D’s.” First, your car insurance company will refuse to pay your claim by denying any responsibility for you and your families losses.

Second, your car insurance company will refuse to pay your claim by delaying the process. They will do things like sending you on a wild goose chase for paperwork they don’t actually need. Insurance companies are motivated to delay claims because they accrue interest on the money they don’t pay you over time.

Third, your car insurance company will refuse to pay you by defending the claim when you file a lawsuit. They will defend the claim using their own in-house lawyers or private law firms so they can hold onto your money as long as possible.

If your car insurance company refuses to pay the full value of your claim, you need to hire a Board Certified Civil Trial Lawyer immediately and file a lawsuit.

Car insurance companies place different values on claims depending on which lawyer you hire. So, you need to hire a lawyer with a track record of taking claims all the way to trial where a jury can determine the value of your claim.

If you have any more questions about what to do when a car insurance company refuses to pay, please feel free to call me, Matt Powell, at 1-844-MATTLAW. You can also check out my article about the subject on my website here:

http://mattlaw.com/when-car-insurance-company-refuses-to-pay/

http://MattLaw.com – Matt Powell, Board Certified Civil Trial Lawyer