If you’ve ever had a claim denied by your insurance company, you’re not alone. Insurance companies deny more than 50% of all claims filed. There are many reasons why an insurance company might choose to deny a claim. We will discuss some of the most common reasons below. But if your insurance company has denied your claim, you should not give up. You have options, and a public adjuster can help you get the compensation you deserve.
1. When the Policy Does Not Cover the Damage
One of the most common reasons insurance companies deny claims is because they say the policy does not cover the damage. Insurance policies can be confusing, and it’s easy to miss something when reading through all the fine print. That’s why it’s important to have a public adjuster on your side who can help you understand your policy and make sure all of your damages are covered.
2. When They Think You Are Not Entitled to Coverage
Insurance companies are in the business of making money, not paying out claims. So, if an insurance company can find a way to deny your claim, they will. Insurance companies do this by claiming that you are not entitled to coverage because you failed to disclose something on your insurance application. For example, if you failed to mention that you have a pre-existing condition, the insurance company may deny your claim.
3. When They Say the Damage Is Not Your Fault
The insurance company may deny a claim because they say the damage is not your fault. For example, if a flood damages your home, but your insurance policy doesn’t cover flood damage, the insurance company will likely deny your claim. Alpha Public Insurance Adjusters is your go-to company if you’ve had your insurance claim denied in Plantation, Florida. You get a professional insurance claims adjuster on your side to help you get the insurance settlement you deserve.
4. When the Damage Is Not Serious Enough
Another common reason insurance companies give for denying claims is that they claim the damage is not serious enough to warrant a payout. For example, if your home sustains water damage from a broken pipe, but the insurance company says the damage is not severe enough, they may deny your claim.
5. When You Missed the Deadline
Insurance companies deny claims because they say you missed the deadline to file your claim. For example, if a hurricane damages your home, but you don’t file your claim until after the deadline, the insurance company may deny your claim.
6. When You Don’t Have Enough Proof
Insurance companies deny a claim because they say you don’t have enough proof to support your claim. For example, if you try to file a claim for damage to your home but you don’t have any receipts or pictures to show the insurance company, they may deny your claim.
7. When the Insurance Company Thinks You Are Lying
Finally, one of the most common reasons insurance companies deny claims is because they think you are lying about the damage. For example, if you try to file a claim for water damage but the insurance company thinks you damaged your home on purpose, they may deny your claim.
Conclusion
There are many reasons insurance companies may deny a claim. But, if your insurance company has denied your claim, an insurance claims adjuster can help you get the compensation you deserve. At Alpha Public Insurance Adjusters, we are here to help you with all your insurance claim needs in Plantation, Florida, be it residential claims or commercial claims. Contact us today and let our insurance adjusters worry about your claims.
