Following any motor vehicle accident, one of the first places an injured party looks for recovery is with theirs or the other party’s insurance provider. However, whenever you find yourself dealing with an insurance company, it’s important to keep in mind how those companies operate; for example, their entire business model revolves around accepting monthly payments from policyholders and holding on to as much of that money as possible to...
Talking to another driver’s insurance provider following an accident can be daunting and stressful; in some cases it may even feel like the other driver’s provider wants to trap you into saying something that would fully or partially admit your own liability for the event, even if you were not at fault. Unfortunately, this feeling might be perfectly valid. It’s important to remember that insurance companies make money by holding onto...
Insurance bad faith is a legal term used to refer to an insurance company’s failure to deal justly with the people they insure in order to avoid paying a claim. This could take many forms, but it generally involves an insurance adjuster operating unscrupulously in order to reduce or deny what would otherwise be a valid claim.
It can be easy to forget that insurance companies are businesses like any other, and that they make their profit by...
Dealing with insurance companies after an accident can be just as stressful as the injury itself. When an insurance company unfairly denies or reduces your claim, this is referred to as insurance bad faith. However, there may be circumstances in which a denial is justified based on your policy.
Due to the highly technical language of insurance policies and the fact that unscrupulous adjusters may purposely misinterpret it to avoid paying your...
Insurance policies are notoriously complicated, and providers often fail to clarify things for their customers. In fact, it is not unheard of for an insurance adjuster to deny or reduce a valid claim from a policyholder in the interest of holding on to as much of the company money as possible. Whenever you find yourself dealing with an insurance company, your own or another party’s, it’s important to remember that they make money by accepting...
On July 1st 2021, certain changes will apply to Michigan’s auto no-fault law. These changes will affect everything from car insurance policies to how medical providers are paid following providing care to car accident victims. Previously, drivers had limited choices regarding their Personal Injury Protection (PIP) car insurance options, and medical providers were required to obtain an assignment of benefits from injured parties before pursuing...
At first glance, figuring out what expenses each type of insurance covers may seem intuitive. However, there are often situations in which one or more types of insurance may be combined or applicable in a way you otherwise wouldn’t have considered. Insurance stacking is another legal strategy in which you may be able to make use of multiple insurance policies to help pay for your damages.
However, insurance stacking can be tricky without the...
While not every state requires vehicle owners to purchase insurance, every state does require them to prove some type of financial responsibility. While bonds or other means of financial approval may be possible, most drivers choose to purchase insurance, at least at the minimum amount required by the state. Auto insurance can protect you in a variety of ways, some of which may be surprising. However, other things you might expect to be covered...