Blogs

Insurance Companies - Tricks They Use to Keep from Covering Your Loss

American Association for Justice has just published a new report condemning the practices of some of the nation's largest insurance companies -- Allstate, AIG, State Farm and others -- that have systematically denied claims, delayed payments, confused consumers with incomprehensible insurance-speak and refused or retroactively canceled coverage for anyone who will cost them money.

The report tells real stories:
--People whose valid claims were denied so the insurance company could boost their bottom lines. 
--Companies rewarded employees who denied claim, replaced those who would not and, when all else failed, engaged in outright fraud to avoid paying claim. 
--Long-term care insurers delayed paying, hoping the ill or elderly claimant would die before the claim was paid. 
--Read how insurance companies use a low credit score against the insured when it comes time to renew a policy. 
--Insurance companies offer bonuses for employees who meet "cancellation goals" - canceling coverage even in the midst of treatment for ill patients who have become too expensive to treat.

This report is a must-read for everyone.

Download the report here or call our office, 703-273-9500, and we will send you a copy.