Tag: claim denial

For millions of Americans, the real insurance crisis begins not when disaster strikes, but when their insurance company refuses to pay. After months or years of premium payments, policyholders discover that their water damage claim is deemed “gradual,” their medical procedure is suddenly “not medically necessary,” or their totaled car is worth thousands less than its actual value. Before pursuing costly litigation, however, a well-crafted demand letter can often convince insurers to reconsider denied or undervalued claims. An insurance demand letter serves as a formal written notice to an insurance company, explaining why a claim should be covered under the… ( Read Full Article… )