6 Common Reasons Why Your Insurance Claim Was Denied or Delayed

If you’ve ever filed an insurance claim, you know how frustrating it can be to have it denied or delayed. Unfortunately, this is a common occurrence, but it doesn’t have to be the end of the road. Understanding the reasons why your claim was denied or delayed can help you take the necessary steps to resolve the issue and get the compensation you deserve.

1. Lack of Proper Documentation: One of the most common reasons for denied or delayed claims is a lack of proper documentation. This includes things like medical records, police reports, and other documentation that is required to support your claim. Make sure you have all the necessary documentation before you file your claim.

2. Policy Exclusions: Your insurance policy may have certain exclusions that prevent you from being covered for certain types of losses. These exclusions can vary depending on the type of insurance you have, so it’s important to understand what your policy covers and what it doesn’t.

3. Pre-existing Conditions: If you have a pre-existing condition that is related to your claim, your insurance company may deny or delay your claim. This is because they may argue that the condition existed prior to the incident that caused the loss.

4. Failure to Report the Loss in a Timely Manner: Many insurance policies require you to report a loss within a certain time frame. If you fail to do so, your claim may be denied or delayed.

5. Fraud: Insurance companies are on the lookout for fraudulent claims, and if they suspect that your claim is fraudulent, they may deny or delay it.

6. Dispute over the Value of the Loss: Another common reason for denied or delayed claims is a dispute over the value of the loss. This can happen when the insurance company and the policyholder disagree on the value of the damages or losses.

If you find yourself in a situation where your insurance claim has been denied or delayed, don’t give up. An experienced insurance claims attorney like the team at MGW Law can help you understand the reasons for the denial or delay and take the necessary steps to resolve the issue. At MGW Law, we specialize in helping clients navigate the complex world of insurance claims. Contact us today to schedule a consultation and learn more about how we can help you get the compensation you deserve.