In some cases, insurers will pressure you to settle your claim as quickly as possible. Unfortunately, these quick cash settlements are lowball offers for far less than what your claim is worth – the primary purpose is to limit the amount of money the insurance company will have to pay on your claim. By accepting the offer, you could find yourself with uncovered medical expenses and other losses that you will need to pay out of pocket. If you stand your ground and build your case, however, you can often get the insurance company to make a fair settlement of your claim.
There are other cases, however, where the insurance company either refuses to pay more than their lowball offer or refuses to pay anything altogether. If you find yourself in that situation, you need to understand your options.