When an insurance provider pushes back against your legitimate claim, obtaining the compensation you deserve can become a daunting task. Fortunately, our experienced insurance claims lawyers in Morgan City are well-versed in the tactics used by insurers to devalue or deny claims, and we know how to counter these strategies effectively.
At Laborde Earles, we have a strong history of advocating for our clients and ensuring that insurers fulfill their obligations. Since our establishment in 1995, we have recovered over $1 billion for those we represent. Contact us by phone or through our website to arrange a free case review with one of our Morgan City personal injury lawyers today.
Common Tactics Used by Insurers in Denying or Devaluing Claims
Insurance companies often seize any opportunity to minimize the amount they pay out to claimants. Adjusters are trained in various tactics to manipulate claimants and reduce payouts. Some common strategies include:
- Delaying the claims process to pressure claimants into accepting settlement offers rather than negotiating for a fairer deal
- Offering lowball settlement offers to discourage further negotiation
- Denying claims without proper justification
Any of these actions may indicate that your insurance provider is acting in bad faith. If your insurer engages in such practices, an experienced insurance claims lawyer serving Morgan City, LA, can help you deal with these challenges.
Our team will work diligently to ensure your insurance provider meets their legal obligations and takes all necessary steps to secure the compensation you need and deserve. We have a proven track record of achieving favorable verdicts and settlements for those we represent.
Delays in Processing Your Claim
The law mandates that insurers process claims in a timely manner so that claimants can access the funds necessary to restore their lives without undue delays. Unfortunately, it is common for insurers to intentionally prolong the process while remaining within legal limits.
By delaying payment of a claim, insurers put pressure on claimants to accept settlements that fall short of their true value. In some cases, insurers may even delay processing a claim beyond the legal limits in their attempts to pressure a claimant.
If your insurer is taking an excessive amount of time to process your claim, hiring an experienced lawyer can help expedite the process and ensure that the insurer fulfills its financial obligations to you in order to avoid legal penalties.
Lowball Settlement Offers
When insurers cannot deny a claim outright, they often resort to undervaluing it instead. They commonly extend lowball settlement offers, hoping claimants will accept them without question. If you agree to a settlement without consulting an attorney first, you may forfeit your right to seek additional compensation once you are aware of the full extent of your losses.
While the initial offer you receive from your insurance provider may seem adequate, the complete cost of your damages may not be immediately clear. As you assess the full extent of your losses, you could find yourself without options for claiming further compensatory damages.
By hiring an experienced insurance claims attorney serving Morgan City, LA, you can ensure that your interests are protected. Your lawyer will review any settlement offers you receive and conduct a thorough investigation into your case to assess your losses accurately.
Denial of Your Claim
Insurance coverage is designed to protect you when things go wrong, and paying for insurance should mean you are secure during tough times. Therefore, having your claim unjustly denied can be incredibly frustrating and create significant financial hardship.
Insurers will often search for any possible justification to deny a claim, exploiting technicalities to issue a denial and avoid paying you the money you are owed. If your claim has been unfairly denied, an experienced insurance claims lawyer in Morgan City will work tirelessly to hold your insurer accountable and ensure you receive fair compensation for the losses you have incurred.
Laborde Earles injury was great for me they took care of me very fast and professional. If for any reason I need legal help they will be who I use.
ClientSteps an Insurance Claims Lawyer Will Take When Handling Your Case
When you hire a lawyer to assist with your insurance claim, you can expect them to take several important steps on your behalf. Some of the actions our lawyers will take to help ensure a favorable outcome include:
- Reviewing your policy to understand your coverage, exclusions, and legal options
- Preparing and filing all necessary documents in a timely manner
- Negotiating with your insurer to secure a settlement deal that meets your needs
- Representing you in court if a settlement cannot be reached
Our experienced team is here to support you during every step of the claims process, ensuring you recover the compensation you need.
I thank God for Digger & David. I don’t know what we would have done if it hadn’t have been for them.
Rick Smith | ClientTypes of Insurance Claims Commonly Handled by Our Morgan City Attorneys
At Laborde Earles, our experienced team is equipped to assist with a wide range of insurance claims, including:
- Property damage claims
- Business interruption claims
- Personal injury claims
- Bad faith insurance claims
We are here to provide the support you need when your insurer fails to meet its financial obligations. Our team is knowledgeable in all aspects of these cases and will work tirelessly to ensure you recover fair compensation for the losses you suffered.
The reassurance from Digger and his staff gave me that renewed hope that it’s going to be okay down the road.
ClientGet Help From an Experienced Insurance Claims Attorney in Morgan City, LA, Today
At Laborde Earles, we understand the difficulties that arise when insurance companies deny or underpay valid claims. Our experienced team brings over 350 years of combined experience to your case, working to secure the compensation you need and deserve. We will leverage all available resources to achieve a favorable outcome on your behalf.
Contact us by phone or through our website to set up a free case evaluation today, and take a moment to check our client testimonials to better understand the quality of service we provide to our clients.
