07 Jul Getting Insurance Companies to Pay
Insurance is a wonderful thing. Many of us rely heavily on the risk spreading value of having a good insurance policy. Few if any of us could afford to pay for our house if it were destroyed by fire or replace our car if it is wrecked in an accident. Insurance is essential in today’s world.
Getting another person’s insurance to pay for a personal injury or loss to you is another matter. The primary goal of the “other guy’s insurance” is to pay you as little as possible in order to save the company money and keep premiums down. We like it when it is our company having to pay someone else, but we don’t like it when it is someone else’s insurance not paying our claims.
Attorneys supply the grease that keeps the wheels of the insurance business rolling. It is too much to hope that if all insurance companies paid up without objection we wouldn’t need attorneys. That of course, will never happen, mainly because of the competing interests described above. We want our premiums to say low and we want the other guy’s policy to pay. These competing interests keep the system in check on both sides of the spectrum.
As attorneys we can assist clients in trying to get paid on claims. We normally do not charge a fee up front but only after we recover money for you. If we recover no money, we get no fee – plain and simple. Attorneys usually charge 1/3 of the recovery as a fee. From the attorney’s point of view, the averages work out to be fair compensation per hour of work.
Please let us know when you have a claim that requires our assistance in collecting on an insurance policy. We have many years of experience and we can help.