What You Don't Know About Insurance Companies Can Hurt You

Peace of mind. In a world fraught with uncertainty, a little peace of mind goes a long way. This is one of the reasons we purchase insurance. From auto insurance to disability insurance to homeowner's insurance, insurance protects against life's unpredictability. Or at least that's how it should be. But many people would be surprised to learn that their own insurance company will often treat their insured as an adversary if the insured ever makes a claim for benefits with his or her own insurance company.

For example, consider a car accident. Imagine that the insured is struck by an uninsured driver and suffered a personal injury. Imagine also that the insured paid for uninsured motorist liability coverage. He or she would be entitled to those benefits. But many people discover, much to their dismay, that once they make a claim for benefits under their own policy, their own insurance company will fight to deny or minimize the benefits. For the insurance companies, it's all about the bottom line, and every penny they pay out is a penny less for them. If your own insurance company doesn't treat you fairly, then they are acting in "bad faith." The insured is then entitled to sue his or her own insurance company for this improper denial of benefits. There is an entire field of law dedicated to this concept.

If you've been wronged by an insurance company, please contact the Los Angeles personal injury lawyers at the Lagstein Law Firm.