Who Actually Reads And Interprets Your Insurance Policy?
When the insurance company accepts your application, the underwriting department, in putting together the terms, conditions and coverage of your policy, does so according the company’s underwriting guidelines. However, what the underwriting department intended to be covered is not always how the claims department or its adjusters interprets coverage. Underwriting has one set of rules, while many times the claims department seems to follow its own set of rules as to what is and is not covered. This is highly unfair, as policyholders are given a copy of their policy, not a copy of the claims manual. This common practice is known in the industry as “Post-Loss Claims Underwriting,” and such practice is not only deceptive but also unlawful.
Insurance companies frequently engage in misrepresentation of policy terms and coverage to avoid paying the full value of a claim. As they make their own rules, they seem to believe that they can change them at will. Fortunately, Texas insurance laws have provisions to hold them accountable for this behavior. If you believe your insurance company is trying to game the system on your claim, you need to speak to a lawyer.
Hubble & Pistorius has a 25-year history of winning, especially when it comes to dealing with insurance companies. Our clients turn to us when their insurance companies refuse to play fair because they know we understand Texas insurance laws and how they can be misused to the insurance company’s advantage. We work efficiently and effectively to resolve your case, and we are always approachable and responsive when you have questions or need information.
How Can I Tell What’s Going On?
Insurance companies are in business to make money for their stockholders first and to pay policyholder claims second. Because of this, they do everything they can to stack the deck in their favor. Our attorneys will review your policy, your claim and the offer from the insurance company to see if your insurance adjuster has misrepresented your coverage. If so, we will work diligently to make the company see the mistake and hold them accountable for it.