Arizona business owners rely on their insurance coverage to protect them in the event of an accident. However, disputes can arise because insurance companies do not always have the best interests of their customers in mind.
When a customer has a valid claim, the insurance company must pay up, which means losing money. Therefore, it is not unheard of for insurance companies to engage in deceptive and unfair practices in order to protect their bottom line. That’s why it’s important for business owners to pursue legal action when an insurance company refuses to pay their valid claim in a timely manner – or at all.
When a business owner suffers injuries, property damage or other losses due to an accident, the insurance company typically must pay up. As a policyholder, you pay hundreds of dollars a month for your premiums, so you expect top-notch service when you do file a claim. But that is not always the case, unfortunately. Insurance companies may delay payment or deny the claim altogether. They may engage in dishonest or even illegal practices to find ways to deny your claim. They may even commit fraud.
This is where we can help. Insurance issues can be complex. We’ll thoroughly examine your policy and give you an analysis of your rights and options under your policy and the law.
An insurance issue such as fraud or deceptive practices can easily lead to a business dispute. If you find that your insurance company is refusing to pay a perfectly valid claim, you’ll want to make sure your legal rights are protected.
Call Cook & Price, PLC today at 480-407-4440 or email us through this website.