A recent article from CBS News examined the homeowner's insurance rates from various cities and states around the nation. Their information comes from Insurance.com, which took a look at various locations against some important criteria that affect the costs of insurance rates.
According to the National Association of Insurance Commissioners, the number one complaint that consumers have about their insurance coverage is delay in handling claims. This concern accounts for over 17 percent of all policyholder complaints. Under Oklahoma state law, insurance companies must either pay or deny your claim within 45 calendar days. But what should you do if 45 days have passed and you have not received payment or have received only a partial amount?
A car crash is an unwelcome event in anyone’s life—suddenly there is a car to be fixed, injuries to treat, everyone else involved in the accident to coordinate with, and insurance claims to submit quickly and accurately.
As your mom or dad ages, you may be noticing signs of a decline in health. You may have expected this if conditions such as Alzheimer's run in your family or if your loved one has already received a diagnosis of a degenerative or debilitating disease. If you and your parent investigated the benefits of long-term care insurance, you may feel relieved to have that policy in place as your loved one's needs change.
"[P]ick-n-click and get them moving."
Our blog entry today focuses upon an important proof threshold relevant to a bad-faith claim brought by an injured plaintiff denied coverage under an insurance policy.